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Showing 4081 - 4090 of 9281 results for "wealth"

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... to $72,000 after he was unknowingly defaulted as a smoker, the Royal Commission heard this morning. AMP group executive wealth solutions and chief customer officer Paul Sainsbury told the Commission that AMP did not act fairly and reasonably with respect ...

Hagger to depart NAB

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... of a raft of changes to the institution's executive leadership team, Hagger - as chief customer officer of consumer and wealth - will leave the bank after a decade. He will be replaced by former NSW premier and current chief customer officer, corporate ...

Dealer groups lift due diligence post Dover

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... shows a total of 63 dealer groups have taken on at least one former Dover adviser, with nine groups adding 10 or more; Wealth Today, Bluewater Financial Advisers, Capstone Financial Planning and Interprac have each taken on 14 or more. In the eight weeks ...

WAM Capital commences LIC takeover bid

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... bidder's statements distributed yesterday. Last month WAM Capital said it would attempt to take over a listed invested Wealth Defender Equities (WDE) managed by Perennial which it said had underperformed consistently since inception. The offer is now ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... Group, a subsidiary of Westpac from 11 May 2015 to 11 December 2015. Prior to that, he worked at AMP subsidiary Genesys Wealth Advisers.

IOOF offloads corporate trust business

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... of corporate trust services to the financial services industry is a specialist area that sits outside IOOF's advice-lead wealth management focus and is a stronger strategic fit with Sargon." The AET private trust business, which IOOF is retaining, provides ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... Ord Minnett, Taylor Collison and Morgans are acting as joint lead managers. Crestone, Bell Porter, Patersons and FinEx Wealth are acting as co-managers. The boutique will pay $9.4 million in expenses to joint lead managers, legal, investigating accountant ...

Former MLC executive joins Challenger

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
A former MLC and NAB Wealth executive has taken a directorship with Challenger. Duncan West has been appointed as an independent non-executive director to both the Challenger and Challenger Life Company boards. West is a former executive general manager ...

Australian Unity's wealth business grows

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
... though its revenues dipped slightly. It generated $1.8 billion in revenues and $51.5 million in profit after income tax. Its wealth and capital markets business recorded the highest growth in EBITDA across its business segments. Australian Unity's business ...

Boutique appoints distribution lead

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
... Devlin to its Melbourne office. In the newly-created role, Devlin will develop key relationships in the Australian private wealth market, acting as Warrakiri's head of family office and independent financial advisers (IFAs). In his most recent role ...