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Showing 2561 - 2570 of 6679 results for "Sale"

Product conflicts in retail banking: ABA report

ALEX BURKE  |  THURSDAY, 19 JAN 2017
A report commissioned by the Australian Bankers' Association highlights potential conflicts in product sales commissions and product-based payments used for retail banking staff, echoing the concerns that led to the Future of Financial Advice reforms. ...

MLC reveals new executive team

ALEX BURKE  |  WEDNESDAY, 18 JAN 2017
MLC Life Insurance appointed six people to its bancassurance, digital and direct leadership team as part of its strategic partnership with Nippon Life. The new team comprises Tim Roso as head of digital; Glen Ryman as general manager data, analytics ...

Hunter Hall appoints LIC director

ALEX BURKE  |  TUESDAY, 17 JAN 2017
... Pattinson and Company (WHSP) taking stewardship of Hunter Hall Global Value after Peter Hall sold on 19.9% of Hunter Hall. Hall's sale to WHSP is part of the latter's broader takeover bid, and Hall indicated that he will sell his remaining shareholding ...

CBA defends 'incorrect' personal advice claims

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
The Commonwealth Bank has responded to reports by Fairfax claiming a CBA bank teller had provided personal advice to a now-deceased customer. Last week Fairfax revealed CBA is working through a $68,000 compensation claim as part of its Open Advice Review ...

Westpac exec jumps ship to ING Direct

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
A former Westpac and BT director will become ING Direct's first Australian head of retail banking, managing several channels including wealth management. Most recently serving as Westpac's director of marketing, sales and service, Melanie Evans will ...

NAB appoints research veteran to head retirement arm

ALEX BURKE  |  FRIDAY, 13 JAN 2017
NAB appointed a new head of retirement this month. Brian Long has had an extensive career in investment and retirement research: most recently he was national manager retirement at Colonial First State, where he produced retirement-centric research ...

Tax breaks drive China car sales

BENJAMIN ONG  |  FRIDAY, 13 JAN 2017
China's tax break on small vehicles -- halving the 10% purchase tax on vehicles with 1.6-liter engines or smaller - is having the same impact as the US' 'cash for clunkers' programme back in July 2009, it's sending car purchases in a frenzy. Data released ...

ANZ unloads UDC Finance

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2017
... agreement with HNA Group to sell the asset finance firm - a wholly owned subsidiary of ANZ Bank New Zealand. Commenting on the sale, ANZ New Zealand chief executive David Hisco said: "The sale of UDC is consistent with our strategy to simplify the bank ...

Trump makes small beautiful

BENJAMIN ONG  |  WEDNESDAY, 11 JAN 2017
The National Federation of Independent Businesses (NFIB) business optimism index surged to its highest level since December 2004, jumping to a reading of 105.8 last month and continuing the optimism - the index gained 3.5 points to 98.4 in November ...

Offline Australian retail sales

BENJAMIN ONG  |  WEDNESDAY, 11 JAN 2017
The 0.2% increase in domestic retail spending in November wasn't in line with market expectations for a 0.4% gain that's for sure. This slowed the annual growth rate in retail spending to 3.3% from 3.5% in October. But I wonder whether Australians' ...