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Showing 4321 - 4330 of 9284 results for "wealth"

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... evident by the leakages galore ahead of tonight's Federal Budget "smoke out" in Canberra. Canberra will give back some of the wealth to we, the people. According to the The Guardian, Scott Morrison "noted that tax receipts until February were running ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... remuneration on 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 ...

BTFG reports first half earnings growth

HARRISON WORLEY  |  MONDAY, 7 MAY 2018
Westpac's wealth management and insurance arm yielded $1.2 billion in revenue in the six months to 31 March 2018, an increase of 5% on 2H17. Overall BT Financial group added $404 million in cash earnings to Westpac Group's interim results, with the ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... ABN AMRO Australia and Ambac Assurance Corporation. ING Australia also recently recruited Cathy Duncan as its new head of wealth in March. Duncan joined from Suncorp, where she was executive manager of superannuation. Before that, she was general manager ...

David Murray becomes AMP chair

ALEX BURKE  |  FRIDAY, 4 MAY 2018
... "redevelopment of governance processes." "AMP employs almost 6000 people many of whom are Australians serving its customers across wealth management, superannuation, financial advice, life insurance, asset management and banking," Murray said. "It is ...

Former industry fund CEO moves to AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... group insurance clients. Former Local Government Super chief executive Peter Lambert moved to AMP in April. He joined the wealth manager as a senior business development manager. An AMP spokesperson confirmed the move and said Lambert's new role will ...

Fees for no service an old issue: AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... customers; and its extensive action aims to ensure "these issues never happen again." Fees for no service is old news The wealth management giant said fees for no service is an industry-wide issue and AMP has been the subject of an ongoing ASIC investigation ...

WA Super names advice GM

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
... previously head of advice in the fund's operations management team. Before WA Super, she worked as a sales manager for ING's wealth business and as a business development manager for Colonial First State. She represents WA Super on the Women in Super ...

Global investment firm to restructure

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
... indicated Australia should follow suit and cut the corporate tax rate to 21%, however co-founder of robo-adviser Plenty Wealth Greg Einfeld disagreed, citing dividend imputations. "We can't afford to have both dividend imputation and one of the lowest ...

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
NAB plans to exit the majority of its wealth management operations, including divestment of Australia's largest retail MySuper product. While the bank will continue to service high-net-worth clients via JBWere, it is shedding the rest of its wealth ...