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Showing 131 - 140 of 206 results for "Reset"

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
Westpac profits plunged 24% in the first half to $3.13 billion, as cash earnings fell across four of the group's five business divisions. "This is a disappointing result reflecting weaker business conditions and the bank dealing decisively with outstanding ...

Super leaves retirees vulnerable: Research

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
... expectancy," McCallum said. "It is both a clear opportunity and a responsibility for the superannuation sector and government to reset the regulatory and product focus of superannuation to better meet the needs of Australian retirees. "It's time to re-focus ...

Westpac appoints acting advice GM

JAMIE WILLIAMSON  |  FRIDAY, 12 APR 2019
Westpac has appointed an acting general manager of advice to lead the transition of its financial planning business to Viridian Advisory. National head of BT Group Licensees Ashley Stewart will take on the role of acting general manager of advice from ...

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... high $US100 a tonne in the weeks ahead before dropping back to $US65 by the end of the year. It also led Goldman Sachs to reset higher its price targets for the next three, six and 12 months. Fitch Ratings edged higher its iron ore forecasts to an average ...

AMP Capital appoints managing director Australia

JAMIE WILLIAMSON  |  TUESDAY, 12 FEB 2019
... months. AMP Capital director Asia Pacific Craig Keary said he is delighted Beck will be leading the client teams. "While we reset and refocus our efforts domestically, it's important that we have the right leadership in Australia to navigate this ...

AustralianSuper members exposed to security breach

KARREN VERGARA  |  TUESDAY, 1 JAN 2019
... group was affected. AustralianSuper said it temporarily stopped access to affected online accounts and asked the members to reset their passwords. Separately, the OAIC reported 245 data breaches affecting personal information occurred between July and ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
AMP has issued a clarifying statement following interim chief executive Mike Wilkins' testimony to the Royal Commission that the fees-for-no-service issue was initially expected to cost $1.2 billion and take nine years to remedy. He also flagged ...

Industry fund chief exits

KARREN VERGARA  |  MONDAY, 5 NOV 2018
... replacement is underway. Board chair Danny Casey said in late 2017 the superannuation fund had embarked on a plan to review and reset its priorities. The new leadership team will focus on delivering "outstanding service and returns to members and enhancing ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... chief executive Mike Wilkins said the wealth manager is reviewing the report. However, he did note the business has been reset under new leadership following the advice round of the Royal Commission which resulted in the departures of chief executive ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... capitalised losses in Australian wealth protection. "Today's announcement reflects our commitment to take decisive action to reset AMP and establish a platform from which the business can recover rapidly. We're facing squarely into the issues that have ...