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Showing 1801 - 1810 of 9740 results for "Major"

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... the acquisition creates a compelling alternative to Australia's big four banks. "Today's announcement is another major step in our strategy to be the leading customer-centric alternative to the big banks. With the addition of the ME Bank business ...

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... for customers, including the ability to access sufficient reinsurance capacity." The proposed merger will reduce the three major providers of employee benefits broking and consultancy services in Australia to two, especially for customers that require ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... model with more specific, timely and relevant information that help make better decisions, he said. ASIC wants to tackle the major barriers to limited advice, launching an industry consultation under CP332 Promoting access to affordable advice for consumers ...

CFA unveils December exam results

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
Less than half of the candidates who sat the first stage of the rigorous CFA exam have passed, global results from the institute shows. The CFA Institute announced 12,806 of the 26,212 or 49% of Level I candidates passed their examination in the December ...

ANZ posts 54% profit rise

ELIZA BAVIN  |  THURSDAY, 18 FEB 2021
... customers in difficulty and providing the vital lending needed to support the economic recovery," Elliot said. "All out major businesses performed well through the quarter with market share gains in our key home loan market in Australia as well as record ...

Iress hires head of corporate development

KANIKA SOOD  |  TUESDAY, 16 FEB 2021
... role. Iress paid $115 million in equity value for OneVue last year, after revising its offer in light of opposition from major OVH shareholder Thorney. Iress reported $14.5 million in net profit after tax for the three months ending September, compared ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
The latest GDP growth updates show that the world's major economies remain in contraction (in year-on-year terms) at the end of 2020 and despite the roll-out of vaccines, the COVID-19 pandemic (and now its variants) remain with us, triggering stop-and-go ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
With just 65 new names appearing on the ASIC Financial Adviser Register in 2020, the rapid decline in adviser numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... Macquarie, NAB and Westpac undertook the review and remediation programs to compensate affected customers as a result of two major ASIC reviews. The reviews were launched by the regulator in 2015 to look into the extent of failure by the institutions ...

AMP Capital still being dressed up for sale

ELIZABETH MCARTHUR  |  THURSDAY, 11 FEB 2021
... management "has almost given up" on rebuilding AMP after its recent woes, instead looking for a takeover bid. "A number of major financials in Australia have looked at it and walked away as it has too much baggage," he said. "It makes sense for private ...