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Showing 121 - 130 of 356 results for "Wealth Management business"

Wealth income halved, Hartzer skips $1.6m bonus

HARRISON WORLEY  |  MONDAY, 4 NOV 2019
... executive Brian Hartzer relinquished a $1.6 million cash bonus for the year, as income for the group's wealth management business fell significantly. Releasing its annual report and full year results to the market this morning, Westpac reported a ...

Macquarie wealth fees income down 14%

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... advice business to focus on high-net-worth clients. Macquarie collected $144 million in fees in its wealth management business in the first half of 2019 (April to September 2019 for Macquarie). Last year, for the same period this number was $168 million. ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... it will deliver. " He added that the transaction will increase the scale of IOOF's "advice-led" wealth management business. In May ANZ announced it had agreed to transfer a partial economic interest of its pension and investments business and the ...

IOOF divests Perennial Value

ELIZABETH MCARTHUR  |  FRIDAY, 11 OCT 2019
... sold its 70% stake in Ord Minnett, at the time saying it was an opportunity to focus on IOOF's core wealth management business.

AMP combines business units, appoints new boss

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
AMP Limited has announced it is combining its Australian wealth management business with banking into a new entity named AMP Australia, and has shuffled its C-suite lineup. AMP chief executive Francesco De Ferrari said the integration of the wealth ...

Former BTFG executive takes on new role

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
BT Financial Group's former general manager of platforms and investments has stepped into a new role with an emerging platform provider. John Shuttleworth has been appointed chief executive of Spitfire. Spitfire's current chief executive Matthew Johnson ...

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
Perceptor has revealed the state of financial services salaries and bonuses in its 2019/2020 Market Trends and Salary Review. The boutique recruiter pointed to the outcomes of the Royal Commission as a leading factor in the changes. "There is no doubt ...

Australian Ethical chief executive to depart

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
... million to $3.13 billion across super and managed funds. In addition to its ethically driven super and wealth management business, the Australian Ethical Foundation manages the organisation's community grants program and has delivered more than $3 ...

Aberdeen Standard hires retirement head

HARRISON WORLEY  |  THURSDAY, 20 JUN 2019
... also spent 10 years at IBM as the firm's global pensions leader, and advised KPMG on the future of its wealth management business across 2014 and 2015.

Dealer group buys bank advice arm

ELIZABETH MCARTHUR  |  MONDAY, 17 JUN 2019
... Tasmanian Perpetual Trustees (TPT) brand, we are building a simplified national and highly scalable wealth management business focussed on managed funds and trustee services," Sulicich added. Fiducian head of business development and distribution Jai ...