Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1121 - 1130 of 4021 results for "Staff"

Suncorp wealth head departs

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... but noted both underpayments and overpayments had occurred. Despite that, the bank is anticipating the cost of remediating staff and implementing new processes to prevent the issue reoccurring will land between $40 million and $70 million. "As a Suncorp ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
"Happiness equals reality minus expectations". Tom Magliozzi's famous five words appear to have made their way to Wall Street. For how else is one to explain the rally on 'the wall' - S&P 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell ...

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... corporate memory if we are to get this change done," Murray said. During De Ferrari's address at the AGM he commended AMP staff for moving to work from home arrangements due to the current environment and doubled down on AMP's commitment to financial ...

Adviser salaries in 2020 revealed

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAY 2020
... recruitment on hold, forcing employees to take a pay cut, or in a few cases, have made redundancies in support/operations staff," the research reads. In contrast, businesses operating with a flat-dollar fee-for-service model have largely retained staff ...

New course helps advisers recognise financial abuse

JULIA NEWBOULD  |  TUESDAY, 5 MAY 2020
... clients know they're qualified to assist and understand, Cassar said. "We have also had interest from practice management staff and team members who would like to complete the course for their own personal interest and the ability to support advisers," ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... completed on April 28. Late last month, QSuper and SunSuper delayed their merger saying due diligence was tougher while while staff are working remotely as a result of the COVID-19 pandemic. Another superannuation fund, Funds SA has delayed its process ...

Lloyds profits down 95%

ELIZABETH MCARTHUR  |  FRIDAY, 1 MAY 2020
... and across the world." He said the bank was working with government and regulators to support the UK economy and commended staff for providing virtual banking services to those in need. Lloyds did report a trading surplus of £1.98 billion, a reduction ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... said. "We find that particularly tragic obviously." Leigh remarked the scenario "must be extraordinarily tough" on ClearView staff, and asked whether the firm had a counselling program available for staff. Swanson said the firm had built its entire pandemic ...

AZ NGA makes 64th acquisition

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... Wealth Protection is a specialist risk insurance advice business that currently employs four advisers and seven support staff. It has approximately $16 million of inforce premium. The deal included a cash payment of 51% upfront a share swap of 49% of ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
... has confirmed its planned merger with Sunsuper has been delayed, owing to difficulties in conducting due diligence while staff are working remotely as a result of the COVID-19 pandemic. According to the fund, the delay was "not unexpected". "Due diligence ...