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Showing 111 - 120 of 230 results for "Separation"

Finance cheats more likely to cheat: Study

ELIZABETH MCARTHUR  |  FRIDAY, 23 AUG 2019
... likely to step out of marital bounds. Financial advisers with misconduct associated with customer disputes, employment separation, regulatory proceedings, and criminal violations were all found to be more likely to use Ashley Madison than their misconduct-free ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... companies with strong ties to the fossil fuel sector. "Furthermore, while BlackRock's governance team advocates for a separation of the chair and chief executive officer positions at its portfolio companies, Larry Fink still holds both roles in the ...

MLC Wealth shuffles leadership

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
MLC Wealth has made changes to its executive leadership team as its separation from NAB continues. MLC Wealth has promoted acting executive general manager, super and solutions Garry Mulcahy to a permanent position in its executive leadership, as group ...

Platform provider divests advice firm

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
... McGregor to buy back the Xplore shareholding in his firm. Xplore said the divestment is a strategic decision, noting the separation of advice from investment administration services is aligned to the broader industry trend of de-coupling advice from ...

AMP Life appoints temporary investment chief

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... is on secondment while we transition the chief investment officer role and function to AMP Life as part of business separation," AMP Life said. AMP is currently in the process of offloading its life business to UK-based Resolution Life in a $3.3 billion ...

CountPlus transfers SMA management

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... agreement with TFS to take over the investment management of the model portfolios, and will pay $1 million to TFS. "The separation of investment product from advice and the focus on non-conflicted, fee-based financial advice services is key to the strategic ...

Westpac appoints remediation lead

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2019
... responded to reports of up to 300 planned redundancies within BT Financial Group. Former ANZ general manager, wealth separation and transition Mandy Rutherford has joined Westpac to lead its ongoing customer remediation efforts. Most recently chief executive ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
... conditions by failing to establish a dedicated superannuation trustee by the March deadline. ANZ completed the legal separation of the OnePath Pensions and Investments business from its life insurance business last month. The sale of ANZ's life insurance ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... said it had significant concerns with the bill, and noted previous inquiries had already examined forced structural separation of Australia's financial institutions and found unsustainable market structures would be the likely outcome, leading to less ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... Commission final report, Commissioner Kenneth Hayne stopped short of dismantling vertical integration. Hayne said the forced separation of financial advice and companies that sell and manufacture financial products "involved significant disruption" to ...