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Showing 111 - 120 of 2771 results for "Westpac 16,500"

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
APRA has removed Westpac's liquidity add-on after finding it breached prudential standards. The 10% add-on was applied to the net cash outflow component of Westpac's liquidity coverage ratio (LCR) and will no longer be included from today. In a statement ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
... retrospective regulations to cordon off and charge the six large licensees at the time - being AMP, Macquarie, ANZ, CBA, NAB and Westpac - directly under a separate and specific levy for the cost of ASIC's ongoing work.

TAL completes acquisition of Westpac Life

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
TAL Dai-ichi Life Australia Pty Limited has completed its acquisition of Westpac's life insurance arm, almost one year after it was announced. From today all of Westpac's life insurance business and existing policies will transfer over to TAL Group. ...

Perpetual Private hires from MLC, MetLife

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
Perpetual Private has two new lead partners, including a former head of advice from MLC. It has also welcomed a national manager of trustee services. Chemere Brown and Matthew Le Belenger have joined, with Brown overseeing Victoria while Le Belenger ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
The Financial Conduct Authority (FCA) is bolstering its leadership team with six new appointments, including former ASIC and Westpac senior executive Camille Blackburn as director of wholesale buy-side. Blackburn will join the FCA in October from Legal ...

That's a wrap for the BT Wrap

CASSANDRA BALDINI  |  MONDAY, 4 JUL 2022
BT's 25-year-old Wrap has seen its last June 30, with its user interface no longer available and all clients moved across to Panorama. BT head of distribution Christopher Mather joined the financial services giant 20 years ago and has worked on the ...

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
State Super has added to its board, appointing a former Commonwealth Bank and Westpac executive. Cathy Yuncken joined the State Super board last month, adding more than 30 years' experience in financial services. She is currently managing director of ...

Westpac outlines new social initiatives

CHLOE WALKER  |  MONDAY, 20 JUN 2022
The initiatives have a strong focus on women's financial security, including increasing home ownership rates among females. Westpac has expanded eligibility for its existing Lender's Mortgage Insurance (LMI) Waiver to include more health professions. ...

Mason Stevens hires interim head of fixed income

ELIZABETH FRY  |  FRIDAY, 17 JUN 2022
Mason Stevens has hired Andrew Baume as interim head of fixed income, pending the outcome of a search for a top fixed income investment professional. Baume will report to investment chief Jacqueline Fernley. He replaces Jesse Imer who recently joined ...