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Showing 3901 - 3910 of 17956 results for "Bank"

Super sector to dominate by 2034

ALLY SELBY  |  MONDAY, 16 DEC 2019
The superannuation industry will undergo profound changes that will see it grow to become a $7 trillion market ($4.8 trillion in today's dollars) by 2034. But it's not all good news for the retail sector. That's according to the latest report from actuary ...

CBA underpayments reach $53 million

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
The Commonwealth Bank of Australia will commence payments of a further $14.9 million as employee underpayments surpass $53 million. The bank said it has notified and repaid approximately 41,000 current and former employees, leave balances have been ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
"Christmas, Christmas time is near, Time for toys and time for cheer..." - Alvin & the Chipmunks I can almost hear those little chipmunk voices singing this Christmas song as I browsed through last week's news of good tidings... and they came in ...

Pendal family office lead moves to boutique

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
... join Regal as its global head of distribution and marketing. Saunders was at Pendal for seven months as the head of private bank, broker and family office distribution. Prior to this, he was equities boutique Ophir Asset Management's head of sales ...

Dealer group launches transition support service

HARRISON WORLEY  |  FRIDAY, 13 DEC 2019
A privately-owned licensee is launching a support service to assist advice firms in transitioning to an individual AFSL and has appointed a national practice consultant to lead the initiative. Lifespan Financial Planning will launch Lifespan Partnership ...

Sam Henderson attempts to set record straight

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
Former financial adviser and TV show host Sam Henderson has spoken out for the first time since his Royal Commission appearance and subsequent ASIC ban, taking to the XY Adviser podcast to describe the impact events of the last 18 months have had on ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
As expected, the European Central Bank (ECB) kept monetary policy settings unchanged at its 12 December Governing Council meeting. "...the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the ...

Westpac directors slammed

ALLY SELBY  |  THURSDAY, 12 DEC 2019
... alleged 23 million anti-money laundering breaches (some related to financing child exploitation), causing chaos inside the bank and Australia's financial sector. Medd said the breaches demonstrate the bank's disregard for moral good. "The scandal that ...

Risk roles on the rise: SEEK

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
SEEK is anticipating four key trends will dominate the employment sector over the coming year. The employment platform predicts that risk and compliance will be a core focus for the private sector in 2020, thanks to more active regulatory bodies. Other ...

ANZ Private hands out $3.5b mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
ANZ Private has awarded a $3.5 billion mandate for multi-asset tactical asset allocation advisory. DWS was the recipient of the mandate, providing advisory services for tactical asset allocation on multi-asset model portfolios. As a result of the mandate ...