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Showing 2871 - 2880 of 9279 results for "wealth"

FSC names new chair

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... Financial Services Council has appointed a new chair to replace Geoff Lloyd, who has stood down due to his resignation from MLC Wealth. The role is going to Mercer Australia's recently appointed chief executive David Bryant. Bryant was previously ...

Crestone revenue up 12% to $120.5m

KANIKA SOOD  |  MONDAY, 2 NOV 2020
Crestone Wealth Management reported revenue of $120.5 million for FY20, as it added $1 billion in net new client money and nine new advisers during the year. The high-net-worth-focused advice firm had an EBIT of $10.8 million, down from $11.5 million ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... September, AMP announced its board was undertaking a portfolio review of the group's assets and businesses. The embattled wealth manager said its board remains committed to AMP's transformation strategy and is confident that the review will deliver ...

EQT names chair, compliance member

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
... non-executive director Carol Schwartz as chair. Sedgwick was previously managing director of Accenture's Asia Pacific insurance and wealth practice, and has consulted to listed and unlisted financial services and information technology enterprises across ...

ING announces head of wealth, chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
ING Australia has appointed BT's former head of platforms as its head of wealth and has promoted its head of retail bank to chief executive. New head of wealth Dina Kotsopoulos was with BT for nearly 15 years and was appointed head of platforms ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... September, AMP announced its board was undertaking a portfolio review of the group's assets and businesses. The embattled wealth manager said its board remains committed to AMP's transformation strategy and is confident that the review will deliver ...

T. Rowe Price adds to intermediary team

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... Amie Boscacci has been appointed to the position from Macquarie Bank where she was a business development manager in its wealth solutions division. Prior, she worked as platform operations specialist at Colonial First State Wrap and as a wealth recruitment ...

PwC appoints wealth services MD

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
The former ANZ Private Bank head of private advisory has jumped to PwC to take on the role of managing director: wealth services, private clients. Luke McCann headed private advisory at ANZ Private Bank for six months prior to which he was national ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... a cost review at Magellan's biggest client, St James Place. But the risk to Magellan is low, says Credit Suisse. The UK wealth manager has been using Magellan's strategies since 2011 and was its first overseas client. It now accounts for $60 million ...

ANZ flags earnings hit

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... customer remediation to $266 million after tax. Of this, $172 million is related to matters from the IOOF-acquired MLC Wealth. A further $90 million to banking is going towards banking-related matters, $90 million for payroll remediation and $94 million ...