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Westpac senior leader departsBY ELIZABETH MCARTHUR | TUESDAY, 1 JUN 2021 12:27PM
The former head of Westpac Private who has been working in consumer and business banking has departed after a decade with the bank.
Read more: AdvantEdge, Lendlease, MLC, AUSTRAC, BT Financial Group, BT Private Wealth, David McLean, Guil Lima, Jane Watts, Macquarie Group, Westpac New Zealand, Westpac Private Bank
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The Association of Financial Advisers has appointed a new chief executive to replace Phil Kewin who resigned earlier this year.
The Federal Court will force BT Funds Management and Asgard Capital Management to pay $1.5 million each for charging fees for no service and making misleading statements.
Among the changes announced this morning, AMP is putting an end to all Buyer of Last Resort arrangements at the end of the year and giving advisers the freedom to leave the network with their clients from 2022.
Weekly review of significant economic data, government and central bank action and pronouncements, and other market moving events.
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