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Showing 4151 - 4160 of 9281 results for "wealth"

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... investments. Also from ANZ, Linda Griffin will join the Zurich team as head of customer and corporate affairs. ANZ's head of wealth solutions and partnerships Kieran Forde will oversee the strategic partnership with ANZ as the head of bannassurance and ...

NAB compensation delays hopelessly conflicted: Royal Commission

KARREN VERGARA  |  WEDNESDAY, 8 AUG 2018
... Senior Counsel Assisting Michael Hodge as he grilled former chair of NULIS Nominees, Nicole Smith. Hodge said NAB's wealth division continued to deduct planned service fees (PSF ) from members to increase its profit from as early as 2012 when the ...

Fees for no service remediation passes $250 million

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... Police Financial Services (trading as BankVic), State Super Financial Services (trading as StatePlus), and Yellow Brick Road Wealth Management. These licensees have paid or offered $37.3 million in remediation to customers. ASIC said it is also aware ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
Investors looking to buy Commonwealth Bank's demerged wealth management arm now have a clearer picture about what it looks like - a business which has generated after-tax profit of more than $500 million for the past two years. NewCo, or Commonwealth ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... Executor Trustees become the largest compensation trust provider in the nation. Kelaher added that the addition of ANZ Wealth's pension and investments business will add to this in future and flagged further M&A activity to come, saying: "There's certainly ...

ESG bond portfolio opens to Aussie investors

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
... in a UCITS vehicle. Cameron Hume is marketing the new fund to institutional investors, discretionary fund managers and wealth managers in Australia, UK and Europe. In Australia, the fund will be distributed by AFM Investment Partners.

TPB names new chief executive

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... Commission. TPB chair Ian Taylor said he is delighted to welcome O'Neill to the role on behalf of the board. "Michael brings a wealth of relevant experience to the role, including a background in private practice as a lawyer as well as nearly three decades ...

Weighing the lucrative expat lifestyle

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... themselves with more disposable income and greater savings than ever before. According to a survey conducted by privately-owned wealth management firm Atlas Wealth Management, 55% of Australian expats have more disposable income and 49% are saving more ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... products (including referral fees) - but this should expand to other potentially conflicted payments in financial advice and wealth management. The PIO would then report directly to the board and an obligation to report to ASIC where advice is ignored. ...

XPLAN picks up Lumen integration

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
... analyse additional proprietary or third-party data. According to IRESS managing director Australia and New Zealand for wealth management Tizzy Vigilante, the oversight function can no longer satisfy its obligations by monitoring advice manually or using ...