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Showing 1181 - 1190 of 3363 results for "Wealth management"

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
... temporarily unavailable. NAB, the parent company of MLC and Plum, flagged in May it will divest its super and wealth management operations by the end of 2019. It retained 20% of MLC's life insurance business, the majority of which was sold to Nippon ...

Westpac executive remuneration voted down

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
... planning "work" within the group was underestimated, Westpac is nonetheless sticking to its guns by retaining its wealth management arm when the other major banks are attempting to exit the sector. In other agenda items, shareholders approved Craig Dunn's ...

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
... historical NewCo-related remediation issues, including ongoing service fees charged by aligned advisers in the wealth management group. NewCo is CBA's newly-branded wealth management and mortgage broking company preparing to demerge in 2019. A further ...

$300k makes advice worthwhile: Research

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... advisers tend to target clients at the top end of the income bracket. Overall, 16.8% of respondents invested in a wealth management product with the help of a professional adviser such as a financial planner and accountant. Clients that have up to $125,000 ...

Perennial ups retail distribution

DARREN SNYDER  |  MONDAY, 10 DEC 2018
... management would make him a welcome addition. "We are confident that Mark's in-depth knowledge of the dynamics of wealth management and the financial adviser channel will quickly have a positive impact as we gear up for a busy 2019," Murray said. Tisdell ...

IOOF future uncertain: Morningstar

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
... disqualification orders were made." Kelaher and Venardos have stepped aside, effective today, with group general manager, wealth management Renato Mota named acting chief executive of the group. Non-executive director Allan Griffiths is now acting as ...

IOOF appoints acting chief executive, chair

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
... action brought against IOOF by APRA late last week. Both are now on leave from the group. Group general manager, wealth management Renato Mota has been named acting chief executive of the group and non-executive director Allan Griffiths is now acting ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... trust services to the financial services industry is a specialist area that sits outside IOOF's advice-lead wealth management focus and is a stronger strategic fit with Sargon," he said. After closing at $7.17 yesterday, IOOF's share price suffered ...

ASIC funding numbers released

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
... entity's share of regulatory costs, with the regulator due to issue invoices early next year. In total, the wealth management industry is responsible for recovering $236.6 million of the regulator's costs in the last financial year. ASIC commissioner ...

HUB24 secures bespoke platform mandate

JAMIE WILLIAMSON  |  FRIDAY, 30 NOV 2018
HUB24 is delivering a custom platform solution to the national adviser network of a 115-year-old wealth management business. Patersons Securities selected HUB24's platform to white label and run alongside its existing in-house platform Accolade. Patersons ...