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Showing 1351 - 1360 of 6679 results for "Sale"

Chant West head of client development to retire

KANIKA SOOD  |  MONDAY, 26 OCT 2020
Chant West's head of client development will retire from the role after about four and a half years at the company. Geoff Peck was responsible for sales and service of new and existing clients at Chant West. He also worked on developing new tools ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... result of revaluing assets. The total loss of $267 million came from revaluing life insurance liabilities and the agreed sale of its vendor finance business. This was offset by a positive revaluation of the group's holding in Zip Co. of $212 million. ...

Pendal appoints head of institutional

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
Pendal Group has hired an IFM Investors executive director as its new head of institutional for Australia which has $19.8 billion in assets. Nicki Ashton will start in the role on November 9 and report to Pendal's head of Australian distribution ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... Life is the insurer of your plan and is now proudly owned and managed by Resolution Life group." AMP Life's $3 billion sale to Resolution Life was completed in July. The lifetime income protection product impacted by these premium increases is a ...

NAB adds to wealth client remediation

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... customers, adviser service fees charged by NAB Financial Planning, ongoing liabilities NAB has responsibility for following the sale of MLC Wealth and remediation for MLC Life. The bank said until the customer payments have been finalised, the bill for ...

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
... vehicle of OVH managing director Connie McKeage and her family. McKeage also held about 1.5 million shares at August 19. The sale will yield about $15 million for the family.

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
The research team behind ARK Invest have released a new 'bad ideas report', revealing the industries they believe investors should avoid. Top of the list of bad ideas was physical bank branches, as the ARK researchers think consumer banking will shift ...

IFM Investors executive director departs

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
IFM Investors' head of Australia, global relationships group has left a year after joining in the newly-created role. Nicki Ashton joined IFM in September last year. She was responsible for IFM's business development and investor relations agenda ...

Societe Generale fined over client breaches

ANNABELLE DICKSON  |  WEDNESDAY, 21 OCT 2020
... to be criminally prosecuted in August over similar charges. Pershing was fined $15,000 for a breach where the transferring sale proceeds from international trading in client's securities from trust accounts into its general bank account. The second ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... more than double the number of inbound enquiries from advisers looking to change their business models and alliances. The sale of MLC's wealth division to IOOF and AMP's review of its business has instigated several movements. As an example ...