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Showing 1251 - 1260 of 6001 results for "WES"

Suncorp Super appoints new chair

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
The chair of Suncorp's superannuation business is retiring and an interim chair has been named. Jan Swinhoe, who is also chair of Mercer Superannuation, was appointed interim chair of Suncorp Portfolio Services. Her appointment follows the retirement ...

Two new faces join SMSF Association board

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
The SMSF Association has added two self-managed super specialists to its board. Tracey Scotchbrook, vice chair of the West Australian Local Community, and Michael Houlihan, chair of the Victorian Local Community will join the board of the association. ...

Pendal profits plunge, advisers remain positive

KANIKA SOOD  |  THURSDAY, 2 MAY 2019
Pendal Group attracted $100 million net in adviser money in the first half, even as lower performance fees from its funds dragged down the first half results. Pendal reported a cash net profit after tax of $84.5 million, down 26% over 1H18. This slump ...

Super fund awards $100m debt mandate

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
Brandywine Global has won a $100 million debt mandate from a $12 billion industry superannuation fund. LGIAsuper appointed the Legg Mason affiliate to manage an emerging market debt portfolio via the Brandywine Global Sovereign Credit Fund. Launched ...

IRESS partners with bank

ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
Financial technology provider IRESS has partnered with one of Australia's newest banks for a streamlined mortgage offering. A new partnership between IRESS and Volt will see IRESS' mortgage software, MSO, rolled out to Volt's mortgage customers. One ...

Westpac reveals Magnitude, Securitor adviser remediation

HARRISON WORLEY  |  WEDNESDAY, 1 MAY 2019
Westpac is set to repay more than 30% of the ongoing advice service fees charged by authorised representatives of Magnitude and Securitor. Westpac announced it would take a $357 million hit to cash earnings in its first half result based on currently ...

ME Bank adds new chair, directors

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
The industry fund-owned bank announced three changes to its board of directors, including the appointment of a new chair. ME Bank has appointed Jim Evans as chair. Evans has over 30 years' experience in the banking and financial services industries ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
Those were the days my friends, we thought would never end... but they ended. The days when measured inflation would go from minus 3% to plus 14%, give or take, back in the grim old days from the 1950s to the late 1980s are no more. Back then the monetarists ...

Home buyers lack basic financial concepts

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
A new report by Westpac reveals that Australians looking to purchase property are desperate for financial education. Demonstrating the need for financial advice, the Westpac Home Ownership Report found almost half of home buyers did not understand the ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
The final quarter of 2018 saw more than 4000 financial advisers sign up to ASIC's Financial Adviser Register. According to a Rainmaker analysis of ASIC data, an extra 4037 financial advisers registered as authorised representatives to meet FASEA's ...