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Showing 121 - 130 of 384 results for %22ANZ Investments%22

IOOF appoints dealer group chief

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Following its acquisition of ANZ's aligned dealer groups, IOOF has appointed a new chief executive of Financial Services Partners. IOOF veteran Geoff Kellett will lead the 140 adviser strong FSP, one of the four licensed businesses IOOF acquired from ...

IOOF completes ANZ dealer group acquisitions

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
IOOF completed the acquisition of aligned dealer groups. It also provided an update on the progress of acquiring ANZ's One Path Pensions and Investments (ANZ P&I) business. As of Monday, the diversified wealth manager took full legal ownership of ANZ's ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... he said. "It is difficult to face the statement of 'profits before people', but this is exactly what we need to confront." ANZ chief executive Shayne Elliot said the report marked a "critical moment" for the financial services industry, the bank, and ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
... remuneration for the managers of those staff as they are also incentivised by sales and profit targets. The report acknowledged that ANZ has changed its balanced scorecard early last year where it moved away from sales-driven targets and placed more ...

SMSFs seek offshore diversification

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... most commonly held investments by SMSFs as at June 2018 were Westpac; Commonwealth Bank; Magellan Global Fund; BHP Billiton; ANZ; NAB; Platinum International Fund; CLS; Wesfarmers; and Telstra. SuperConcepts surveyed 2600 SMSFs, representing $3.2 billion ...

JCP appoints executive chair

KANIKA SOOD  |  MONDAY, 24 SEP 2018
... of equities; international and multi manager funds and private equity. Prior to AMP Capital, he spent almost 10 years with ANZ Funds Management where he worked for several years with Michael Fitzsimmons who is JCP's current managing director. The new ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... fees. Both CFSIL and Avanteos may have engaged in misconduct that breached the Corporations Act and SIS Act, Hodge added. ANZ may have breached the Corporations Act, when customers believed that branch staff had taken relevant circumstances into account ...

Nikko AM wins Aussie equities mandate

KARREN VERGARA  |  TUESDAY, 14 AUG 2018
Nikko Asset Management has won an Australian equities mandate worth NZ$850 million ($766m). ANZ New Zealand Investments awarded the mandate to the Sydney-based Nikko Australian equities team, headed by Brad Potter. Nikko AM will use an Australian equity ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... leaving the company after eight years to pursue other opportunities but will stay on as the head of sales during the transition. ANZ managing director insurance Gavin Pearce will act as Zurich's chief operating officer for life and investments. Also ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... Australian Executor Trustees become the largest compensation trust provider in the nation. Kelaher added that the addition of ANZ Wealth's pension and investments business will add to this in future and flagged further M&A activity to come, saying: "There's ...