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Showing 261 - 270 of 690 results for "Legacy"

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... from the industry super funds that owned the bank for more than $1.3 billion. The bank faced scrutiny in 2020 after some legacy customers had their mortgage redraw facilities adjusted, allegedly without notice. Chief executive James McPhee resigned shortly ...

Verve Super taps investors for $2.6m raise

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... However, the conversation with these investors was totally different - they were drilling us on our impact, what we wanted our legacy to be and they were much more exciting conversations for us."

Pinnacle distribution director exits

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... Pinnacle told Financial Standard that no decision has been made in terms of Dell's replacement. "Matt has left a great legacy at Pinnacle and within the wider asset management industry," the spokesperson said. "He remains a close friend of the Pinnacle ...

IOOF posts $143.5m loss for FY21

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
IOOF reported an underlying net loss after tax of $143.5 million for FY21, as it cleans out legacy arrangements and integrates recent acquisitions. Revenue for the year was $769.9 million (up 31%), of which $69.1 million came from MLC and $700.8 million ...

AFMA names new chief executive

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
... Macquarie University to provide innovative education for AFMA's Accreditation program. David leaves a positive, enduring legacy at AFMA and we wish him all the best for the future."

Consultum chief joins new firm

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... Consultum. Botte said of joining ASVWFS: "Most importantly, it was an opportunity to join a progressive, boutique AFSL with no legacy issues or anchors to the past by being technology, product and investment platform agnostic." He added that as executive ...

KiwiSaver, NZ Super Fund architect remembered

JAMIE WILLIAMSON  |  FRIDAY, 20 AUG 2021
... initially nicknamed has now grown to be worth $58 billion and is projected to reach $100 billion by the end of the decade. His legacy will put New Zealand in a stronger position to provide dignity to those in retirement." "We are privileged to continue ...

Franklin Templeton appoints unit registry provider

KANIKA SOOD  |  MONDAY, 16 AUG 2021
Franklin Templeton Investments Australia has appointed unit registry services provider across 57 funds in the legacy Legg Mason business, after RBC Investor and Treasury Services exited its Australian registry business. Franklin Templeton will continue ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
Fiducian Group's funds under advice continues to grow but could be dampened by legacy clients that will not renew the services of an adviser. Fiducian's FUA went up $700,000 to $3.7 billion in the year to June 2021, thanks to acquisitions, inflows ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
Despite reporting a $1.4 billion profit boost, Commonwealth Bank's legacy financial advice business and legal troubles continue to eat away at the bottom line. In releasing its FY21 results this morning, CBA's provisional remediation bill owed ...