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Showing 11 - 20 of 32 results for "Wealth Australia"

ANZ changes advice model, cuts Prime Access

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2019
... entered an enforceable undertaking with ASIC in relation to Prime Access. At the time, then-ANZ group executive wealth Australia, Alexis George said: "We acknowledge we did not meet customers' expectations by not providing them the services we promised. ...

ANZ appoints two senior executives

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
... bank. Alexis George will now serve in the deputy chief executive role, in addition to her current role as the ANZ Wealth Australia's group executive. ANZ also announced the appointment of Mark Hand as the group executive for Australian business and private ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... April 12 - less than two weeks before the RC's questioning of ANZ chief risk officer and head of digital and wealth Australia, Kylie Rixon. The bank then limited revenue-based measures to only 15% of compensation criteria and abolished the leader board ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... April: How ANZ paid its advisers, AMP's secret adviser ANZ sent its chief risk officer and head of digital and wealth Australia, Kylie Rixon, to testify on the bank's remuneration structure for advisers. The bank paid its advisers a bonus every six months ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
... groups: RI Advice, Millennium3 and Financial Services Partners. ANZ chief risk officer and head of digital and wealth Australia, Kylie Rixon, told the Commission it was more difficult to mandate centralised services, ongoing service contracts and apply ...

Prime Access bungle costs ANZ $50 million

KANIKA SOOD  |  FRIDAY, 6 APR 2018
... prevent this from happening again and have largely completed making remediation payments to impacted clients," ANZ wealth Australia group executive Alexis George said. ANZ bosses will also have to provide ASIC audited information on the improvements ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... to wealth products from one of the world's leading and most respected global insurers," ANZ group executive - Wealth Australia Alexis George said. "Zurich's experience in working with banks around the world to provide insurance solutions, combined with ...

Equity Trustees appointed RE to multinational group

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... multinational financial services group operating in Australia which recently launched two equity funds. Sanlam Private Wealth Australia, formerly known as Calibre Investment, launched the SPW Global High Quality Fund and Wenlock Global Fund in Australia ...

Super wealth reaches record high

KARREN VERGARA  |  WEDNESDAY, 12 APR 2017
The amount of wealth Australians hold in superannuation is climbing to a record high, according to the latest figures from the Australian Bureau of Statistics. At the end of December 2016, Australians held $2.6 trillion of household net worth in superannuation ...

ANZ appoints wealth CIO

JAMIE WILLIAMSON  |  MONDAY, 13 FEB 2017
ANZ named the man to take over the reins as chief investment officer for its Wealth Australia division. Mark Rider, currently head of investment strategy and asset allocation, will step into the role as of 10 March 2017. Rider succeeds Stewart Brentnall ...