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Showing 191 - 200 of 923 results for "BT Financial"

Financial advice drags BTFG results

KARREN VERGARA | MONDAY, 6 MAY 2019

BT Financial Group has farewelled a number of its advisers over the last six months as the group continues to offload its loss-making financial advice arm, its latest interim results show. BTFG has reduced its financial planning workforce by about 28% ...

Westpac profits down 24%, dividend flat

KANIKA SOOD | MONDAY, 6 MAY 2019

... have a competitive advantage, and we are delivering significant cost savings by simplifying our bank," Hartzer said. BT Financial Group reported a loss of $305 million. This excludes major remediation and restructuring items ($620 million after tax) ...

Netwealth opens new office, grows team

ELIZABETH MCARTHUR | MONDAY, 29 APR 2019

Netwealth is opening a new office and expanding its national distribution team with the addition of a former BT Financial Group senior sales manager. The new office will be in Adelaide and manned by Andrew Dwyer, its newly-appointed senior distribution ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR | FRIDAY, 26 APR 2019

... stock market performance, local and international platform funds under advice was down for the December 2018 quarter. BT Financial Group remains the largest ownership group in the platform market with $139 billion in funds under advice, which accounts ...

Westpac appoints acting advice GM

JAMIE WILLIAMSON | FRIDAY, 12 APR 2019

... deal of work to do," he said. Westpac announced last month it was exiting personal financial advice and bringing BT Financial Group back in-house. The move will see the departure of Westpac consumer bank chief executive George Frazis and BT Financial ...

$1.5bn pulled from Pendal

KARREN VERGARA | FRIDAY, 12 APR 2019

... as at the end of March, up $8.1 billion over the quarter. Westpac will redeem the $1.5 billion from its Westpac/ BT Financial Group legacy books, which had about $20.5 billion in FUM. The bank announced in March that BTFG will cease to be a standalone ...

Banks push to leave vertical integration on the table

HARRISON WORLEY | WEDNESDAY, 10 APR 2019

... was the only big four bank still wholly committed to wealth management - decided to exit personal advice, bringing BT Financial Group in-house and selling a number of financial advisers to Viridian Advisory. "ABA members have different strategies in ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA | MONDAY, 8 APR 2019

... that Westpac will no longer provide personal financial advice and shift to a referral model; it will also reposition BT Financial Group as a standalone division. In handing down the banking Royal Commission final report, Commissioner Kenneth Hayne stopped ...

IOOF appoints head of advice governance

HARRISON WORLEY | FRIDAY, 5 APR 2019

... until the end of April, in order to ensure an orderly transition to Flynn. Flynn joins IOOF after almost 12 months at BT Financial Group, where he led Westpac's large-scale structured advice remediation program. Previously, Flynn served at van Eyk ...

Wealth heavyweights join FSC board

HARRISON WORLEY | THURSDAY, 4 APR 2019

... executive, group chief investment officer and current FSC director David Bryant will replace outgoing deputy chair and BT Financial Group boss Brad Cooper, who leaves the council after nine years. The FSC thanked Cooper for his contribution to the council ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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