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Showing 91 - 100 of 162 results for "Business Banking"

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... returned: "The banks are lobbying the government to scrap the default super safety net so they can leverage their business banking relationships and cross-sell employee default funds to employers."

New report stokes 'Compare the Pair' flames

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
... funds are seeking to abolish the safety net and intend to cross-sell their super funds by leveraging existing business banking relationships." The release also said recent "bank-friendly" changes to financial advice laws compound the problem. "As ISA ...

NAB CEO rejigs executive team

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... key executives at the bank's top level. Thorburn appointed former executive general manager of nabBusiness in business banking Angela Mentis to the role of group executive of business banking. Mentis has 27 years' experience in investment banking and ...

BOQ completes acquisition of specialist Investec business

MARK SMITH  |  FRIDAY, 1 AUG 2014
... asset finance & leasing business will merge with the existing BOQ Finance team. "This acquisition expands our business banking offering; delivering a leading position in the highly-valued professional banking market," Brendan White, BOQ's group executive ...

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
... that the bank-owned funds intend to cross-sell their typically underperforming super funds by leveraging their business banking relationships. "Of course, this A creates a conflicts of interest for employers, and in doing so places the super nest eggs ...

What happened to the ISA-FSC accord?

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... idea: no safety net, an unregulated, deregulated free-for-all on default super, where the bank leverages their business banking relationship with your boss. And when it comes to financial advice, you don't have an ironclad best interest test; you don't ...

Westpac appoints national Agribusiness GM

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
... agribusiness operations in New South Wales and regional commercial business in Queensland for Westpac's retail and business banking division (WRRB). Prior to that, he was head of business banking for regional NSW and the ACT. "We recognise the agri-industry ...

PROFILE: netwealth head of advice Simon Micallef

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
... career. He worked for National Australia Bank's (NAB) retail banking arm for three years and three more for NAB's business banking division. "I then realised that there were some very good opportunities in financial planning," he explains. Micallef started ...

BT to manage $1.2 billion for People's Choice

LAURA MILLAN  |  TUESDAY, 20 MAY 2014
... is a member-owned financial institution which provides banking accounts, personal and home loans, insurance, business banking and financial advice.

Brogden reveals thinking behind FWC legal challenge

JAMES FERNYHOUGH  |  WEDNESDAY, 30 APR 2014
... "intended to delay, discredit and possibly derail the FWC process so that the bank owned super funds can exploit business banking relationships to sell their super products and avoid any independent merit based assessment of superannuation products." ...