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| | | ... follows the departure of Beth Parkin in August after four months in the role. Tait was most recently head of marketing, wealth at Macquarie Group. Prior to that she was head of customer marketing at AMP and has also held senior marketing roles at CBA ... |
| | | | ... Financial Planning adviser has been handed a four-year ban for failing to provide appropriate advice. Meanwhile, a former GPS Wealth representative has been banned for three years for similar misconduct involving insurance products. Former Sydney-based ... |
| | | | ... Low Taek Jho, also known as Jho Low, and his family. Jho Low allegedly misappropriated funds from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad (1MDB) and laundered that money through the US, Switzerland, Singapore and Luxembourg. The ... |
| | | | ... 20," he said. "Winston and Gehan's appointments are perfectly timed for the expected growth in this Ex-20 strategy." MLC Wealth is currently in the process of separating from NAB. Last month, NAB's asset management business was rebranded to MLC Asset ... |
| | | | ... Westpac chief executive Brian Hartzer relinquished a $1.6 million cash bonus for the year, as income for the group's wealth management business fell significantly. Releasing its annual report and full year results to the market this morning, Westpac ... |
| | | | ... fielding wide expressions of interest from super funds, insurance companies, charities, endowments, family offices and private wealth clients having already raised $150 million. Perpetual Corporate Trust has been named the responsible entity for the ... |
| | | | The first quarterly results under Xplore Wealth's new chief executive Michael Wright are out and he has hinted at an expansion plan for all of the firm's businesses, including adding more sub-plans to its superannuation offering. Xplore's ... |
| | | | Macquarie bank's income from wealth management fees fell 14% in the six months to September end compared to the same period last year, while the bank pivots its advice business to focus on high-net-worth clients. Macquarie collected $144 million ... |
| | | | ... opportunities. New employees include more advisers, a larger support network and increased strength in the investment teams," the wealth manager said. Revenue was up 11% to $107.8 million and EBIT of $11.5 million, in line with the company's three-year ... |
| | | | ... commented on the decision to extend the October 31 deadline originally given to financial advisers given notice by the wealth giant. Meanwhile, the AMPFPA has confirmed action against AMP will likely be filed before year end. Following on from AMP's ... |
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