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Showing 1691 - 1700 of 5860 results for "West"

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
ANZ, CBA, NAB and Westpac have taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers hardest. Westpac chair Lindsay Maxsted said in an open letter that the new levy is "bad public policy that targets just ...

Big banks pay $60m in advice refunds

ALEX BURKE  |  MONDAY, 22 MAY 2017
AMP, ANZ, CBA, NAB and Westpac have to-date repaid $60 million out of an estimated $204 million for charging clients for financial advice that was not provided. This news follows the October 2016 release of ASIC's report into the advice businesses of ...

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
Benefit payments for self-managed superannuation fund members jumped by 71% in the March quarter, indicating a last-ditch effort to re-adjust balances head of the July 1 legislative changes to super. SuperConcepts' survey of 2750 SMSFs shows the average ...

Industry fund appoints two directors

EMMA RAPAPORT  |  TUESDAY, 16 MAY 2017
An industry superannuation fund appointed two directors to its board, continuing its customer-centred focus on strategy, innovation and technology. Deirdre Wroth, a banking and wealth management executive with 28 years of experience, has been appointed ...

Industry fund wins stake in Endeavour Energy

EMMA RAPAPORT  |  FRIDAY, 12 MAY 2017
An industry super fund is exposing its 1.9 million members to an additional infrastructure asset after securing a stake in NSW electricity distribution company Endeavour Energy. REST Industry Super, alongside a consortium of companies including Macquarie ...

Netwealth welcomes new CFO

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... succeed Bruce MacDougall who has chosen to resign from the role after two years, opting for a lifestyle change in Victoria's West Gippsland. Boyle served as Powerwrap's chief operating and financial officer between 2013 and 2015, and joins Netwealth ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Federal Government is looking to the private sector to help deliver "more innovative ways" to boost infrastructure funding. Delivering the 2017 Federal Budget, Treasurer Scott Morrison said the Government is expanding into equity and debt financing ...

BTFG drags Westpac performance

KARREN VERGARA  |  MONDAY, 8 MAY 2017
Westpac's wealth and insurance arm BT Financial Group delivered mixed results for the bank, financial reports released to the ASX show. Every division, with the exception of BTFG "performed solidly" in the six months to March, the bank said. Chief executive ...

AFA recruits for professionalism

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2017
A new appointment at the Association of Financial Advisers will help ready its membership for new professional requirements to be set by the Financial Adviser Standards and Ethics Authority. Linda Vogel joined the association as general counsel, professionalism. ...

Pengana hires Morningstar manager ahead of merger vote

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
Pengana Capital has appointed a new regional distribution manager for Victoria, South Australia, Tasmania and Western Australia, ahead of its proposed merger with Hunter Hall. Guy Callaghan joins Pengana from Morningstar, where he was a regional business ...