Search ResultsShowing 1 - 10 of 100+ results for "BT Financial Group"
Financial advice drags BTFG results
KARREN VERGARA  |  MONDAY, 6 MAY 2019
BT Financial Group has farewelled a number of its advisers over the last six months as the group continues to offload its loss-making financial advice arm, its latest interim results show. BTFG has reduced its financial planning workforce by about ...
Westpac profits down 24%, dividend flat
KANIKA SOOD  |  MONDAY, 6 MAY 2019
... advantage, and we are delivering significant cost savings by simplifying our bank," Hartzer said. BT Financial Group reported a loss of $305 million. This excludes major remediation and restructuring items ($620 million after tax) ...
Netwealth opens new office, grows team
ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... is opening a new office and expanding its national distribution team with the addition of a former BT Financial Group senior sales manager. The new office will be in Adelaide and manned by Andrew Dwyer, its newly-appointed senior ...
Rush of advisers sign up before FASEA deadline
ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... performance, local and international platform funds under advice was down for the December 2018 quarter. BT Financial Group remains the largest ownership group in the platform market with $139 billion in funds under advice, which accounts for 20% ...
Westpac appoints acting advice GM
JAMIE WILLIAMSON  |  FRIDAY, 12 APR 2019
... work to do," he said. Westpac announced last month it was exiting personal financial advice and bringing BT Financial Group back in-house. The move will see the departure of Westpac consumer bank chief executive George Frazis and BT Financial ...
$1.5bn pulled from Pendal
KARREN VERGARA  |  FRIDAY, 12 APR 2019
... the end of March, up $8.1 billion over the quarter. Westpac will redeem the $1.5 billion from its Westpac/ BT Financial Group legacy books, which had about $20.5 billion in FUM. The bank announced in March that BTFG will cease to be a standalone ...
Banks push to leave vertical integration on the table
HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... big four bank still wholly committed to wealth management - decided to exit personal advice , bringing BT Financial Group in-house and selling a number of financial advisers to Viridian Advisory. "ABA members have different strategies in ...
Financial advice exit a boon for the industry: Poll
KARREN VERGARA  |  MONDAY, 8 APR 2019
... will no longer provide personal financial advice and shift to a referral model; it will also reposition BT Financial Group as a standalone division. In handing down the banking Royal Commission final report, Commissioner Kenneth Hayne stopped ...
IOOF appoints head of advice governance
HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... of April, in order to ensure an orderly transition to Flynn. Flynn joins IOOF after almost 12 months at BT Financial Group, where he led Westpac's large-scale structured advice remediation program. Previously, Flynn served at van Eyk where ...
Wealth heavyweights join FSC board
HARRISON WORLEY  |  THURSDAY, 4 APR 2019
... chief investment officer and current FSC director David Bryant will replace outgoing deputy chair and BT Financial Group boss Brad Cooper, who leaves the council after nine years. The FSC thanked Cooper for his contribution to the council ...
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