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Showing 151 - 160 of 340 results for BT WEALTH CONNECT

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... the licensees to shed the most advisers, losing 123 and 51, respectively. Demonstrating the exodus of the big banks from wealth management in the wake of the Royal Commission, National Australia Bank lost 245 advisers; ANZ Group lost 162 and Commonwealth ...

US wealth manager acquires three Aussie firms

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... been announced. Brady & Associates Group, Link Financial Services Group and the Westwood Group will join the Connectus Wealth Advisers network, having been acquired by Focus. In Australia, Focus already owns Escala Partners and MEDIQ Financial Services ...

Praemium improves on-boarding

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... functionality to our clients and create a highly efficient end-to-end digital application process." Iress product executive for wealth Emily Chen said: "We're pleased to be able to offer direct account integration between Xplan and Praemium as part of ...

T. Rowe Price adds to intermediary team

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... Amie Boscacci has been appointed to the position from Macquarie Bank where she was a business development manager in its wealth solutions division. Prior, she worked as platform operations specialist at Colonial First State Wrap and as a wealth recruitment ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... deliver scale or returns, some of which were general and life insurance, and auto finance. Subsidiary BT has shut Wealth Connect and is cutting about 38 jobs. The bank has also put in motion shutting down international operations, leaving just three ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
BT has proposed changes to its Wealth Connect business which could see at least 38 roles become redundant, as Westpac continues to review its wealth platform, superannuation, investments and insurance businesses. BT's Wealth Connect team provides ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... charges in Malaysia against the Wall Street bank for its role in helping to raise hundreds of millions for a sovereign wealth fund that was used as a personal piggy bank. The bank was fined $2.5 billion and guaranteed the return of $1.4 billion in assets ...

Portfolio insurance provides strong protection: Research

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... invest in. Xu said few could be immune to the market turmoil that occurred in February and March this year unless their wealth had no exposure to the equity market. "There are two main types of default investment strategies in Australian superannuation ...

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
Wealth management company Netwealth has announced its investment and partnership with data solutions fintech Xeppo. Netwealth purchased a 25% stake in Xeppo with the option to increase its holding to 50% in the future but noted the investment is not ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
... attract new prospects, at scale and efficiently," he said. The report, he believes, is a call-to-action for insurance and wealth giants from around the world to invest in technology. The report had five key findings, the first of which is that financial ...