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Showing 101 - 110 of 201 results for "strategic review"

Freedom drops chief, slashes workforce

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
... difficulty. Just a few days before appearing before the Commission, Orton said the company was undertaking a strategic review.

WAM Capital commences LIC takeover bid

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... currently remains conditional. If WAM ends up acquiring more than 50% of the WDE's shares, it will undertake a strategic review of the company including its strategy, operations, activities, assets and employees based on the information that becomes ...

Life insurer undertakes strategic review

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... lead up to an appearance at the Royal Commission, an ASX-listed life insurer has announced it is undertaking a strategic review. Freedom Insurance Group said the decision to assess its options was spurred by the release of ASIC's review into direct life ...

Vamos departs Regnan

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... leave the business to pursue other interests and wished her well in doing so. Regnan said it has commenced a strategic review to ensure its client's needs continue to be met, particularly those in the superannuation sector. Regnan's head of policy ...

TAL acquires Suncorp Life

JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
Following a strategic review, Suncorp will sell its life insurance business to TAL. TAL Dai-ichi Life and Suncorp have entered into a non-binding Heads of Agreement that will see TAL acquire the business for $725 million. The agreement includes a 20-year ...

Former Arnhem executive takes new role

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
... this month, leaving behind Arnhem which is in the process of winding down its existing capabilities following a strategic review. At its peak, Arnhem held about $4.5 billion in assets under management. Earlier this year that had dropped to just $1.4 ...

Vanguard shutters Singapore office

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
Vanguard is closing its Singapore office following a global strategic review. The $6.8 trillion manager is consolidating its Singapore operations and client activities in Hong Kong, which it expects will be completed by the end of this year. "As part ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
HSBC Australia is shuttering its retail financial advice division. The closure follows a strategic review and HSBC Australia did not disclose how many staff members are affected. A HSBC spokesperson said: "We have ceased offering retail financial planning ...

CBA restructures executive leadership

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... being integrated into the retail banking services division. The retail banking division will also handle the strategic review of CommInsure General Insurance. Deutsche Bank global group chief information officer Pascal Boillat will relocate to Australia ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
Commonwealth Bank is demerging its wealth management business and undertaking a strategic review of its general insurance arm. Standing as a separately listed wealth management business, CFS Group will comprise Colonial First State, Colonial First State ...