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Showing 1001 - 1010 of 4381 results for "Commonwealth"

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... good at the moment in the sense that revenue is muted because loan growth is slow." King referred to recent news Commonwealth Bank was considering major job cuts, which the Financial Services Union forced the bank to clarify. "Now, we've heard stories ...

ME Bank adds new chair, directors

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... Evans has over 30 years' experience in the banking and financial services industries, having spent over 10 years at Commonwealth Bank as chief risk officer of wealth management. He has also previously served as chair for Suncorp Portfolio Services and ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... increased 38% while institutionally-aligned advisers grew just 6%. Despite the overall jump in advisers registering, Commonwealth Bank, ANZ, NAB, Westpac, IOOF and AMP recorded a reduction in numbers of 2% over the last year. NAB and IOOF are the only ...

Aussie instos among most responsible investors

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
... of ESG into investment decisions. AustralianSuper and VFMC ranked within the top quintile of analysed funds, while Commonwealth Superannuation Corporation, HESTA, QIC and QSuper were named finalists. The difference between leaders and winners, New America ...

Former super fund investment lead joins consultancy

ELIZABETH MCARTHUR  |  TUESDAY, 23 APR 2019
An independent investment consultancy has welcomed the former chief investment officer of Commonwealth Bank Group Super as it looks to expand its Australian operations. Gerard Parlevliet has joined bfinance in the newly-created role of senior strategic ...

First State Super integrates advice, overhauls leadership

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
... operations, technology, business improvement and the member contact centre. Brennan was previously general manager at Commonwealth Bank Australia and has held roles at QBE, Macquarie Group, NAB and Ernst & Young. First State Super chief digital officer ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
Commonwealth Bank Australia (CBA) notified the Finance Sector Union (FSU) it will have to reimburse staff after a series of errors resulted in workers being underpaid. Thousands of current and former employees of CBA and BankWest have been underpaid ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
Former Commonwealth Bank and Westpac chief information officer Bob McKinnon is tasked with the tough job of chairing the New Payments Platform (NPP) through its rollout. McKinnon was made chair at the end of January this year. In March, the RBA revealed ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Commonwealth Bank is under pressure to disclose the extent of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to ...

Income only falls by 11% in retirement: Grattan

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... from 9.5% to 12% and save $2 billion a year. Instead, the Government should focus on boosting the maximum rate of Commonwealth rent assistance by 40% which could be worth more than $1400 a year for a single retiree, it said. "The main beneficiaries from ...