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Showing 101 - 110 of 356 results for "Wealth Management business"

FSC appoints four to board

ALLY SELBY  |  MONDAY, 20 JUL 2020
... director Elizabeth Hastilow have been appointed to the FSC board. The board is made up of the country's wealth management business leaders, including MLC Wealth chief executive Geoff Lloyd, Mercer chief executive David Bryant, TAL Group chief executive ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Australia's financial services sector, particularly the big four banks, are set to underperform over the coming months, with mounting business and home loan deferrals to blame. That's according to T. Rowe Price head of Australian equities Randal ...

Euroz, Hartleys to merge

JAMIE WILLIAMSON  |  FRIDAY, 19 JUN 2020
... "Hartleys has an excellent reputation as a leading stockbroker, corporate finance, institutional and wealth management business," he said. "Combining our firms will create a dominant Western Australian based financial services company with a strong balance ...

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... made in the long term interest of your company," Murray said. Explaining the poor performance of the wealth management business, Murray said the Future of Financial Advice Reforms and the Royal Commission had caused the public to doubt the business' ...

AMP NZ wealth divestment off

ALLY SELBY  |  FRIDAY, 8 MAY 2020
AMP will no longer divest its New Zealand wealth management business, after it did not receive any offers that met the company's expectations. It also pointed to the economic and market disruption caused by the COVID-19 pandemic as a reason for ...

FSC appoints deputy chief executive

ALLY SELBY  |  TUESDAY, 14 APR 2020
The Financial Services Council (FSC) has appointed a former Westpac head as its deputy chief executive. Blake Briggs nabbed the role after spending two years as Westpac's head of government affairs, and will rejoin the FSC in May. Briggs previously ...

Trust in advisers lifts as pandemic fear ensues

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... over 1600 MLC clients and members of the general public. The survey found investors and clients of the wealth management business were most concerned about the economic impacts of the coronavirus (8.5/10 concern level), as well as market volatility and ...

COVID-19 uncertainty sees AMP withdraw guidance

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... track" for completion by June 30, as well as AMP's divestment process from its New Zealand-based wealth management business. The firm's client remediation program is on track to be 80% complete by the end of FY20 and fully complete in 2021, AMP ...

HUB24 wins $1b mandate

ALLY SELBY  |  THURSDAY, 19 MAR 2020
... ClearView Retirement Plan and foster business simplification as we continue growing our life insurance and wealth management business."

Moody's downgrades AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
... operating loss of AUD 3 million for fiscal 2018," Moody's said. The ongoing challenges in AMP's wealth management business were noted by Moody's as a reason behind the AMP Group downgrade. "This reflects the reputational damage to AMP's ...