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Showing 441 - 450 of 1629 results for "Division 296"

AMP dealer group head departs

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
The managing director of an AMP-aligned dealer group is exiting the business to take on a new role. Hillross Financial Services managing director Dean Thomas will take on the role of chief advice officer at Mortgage Choice. His appointment follows the ...

IOOF struck by outflows, former chair resigns

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
IOOF has reported $133 million in quarterly net outflows from its financial advice and investment management businesses for the 3 months to 30 September. The Financial Advice division had $33 million of net inflows compared to $119 million of net inflows ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
Westpac's customer compensation bill has added $341 million in the second half of 2019, bringing the remediation total to $958 million for the year. Westpac chief executive Brian Hartzer said: ""A key priority in 2019 has been to deal with outstanding ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
Thousands of MySuper account holders with Colonial First State will pursue legal action against the fund. Maurice Blackburn Lawyers today filed a class action against CFS in relation to alleged breaches of super trustee duties that it said have caused ...

Fidelity wholesale director departs

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
Fidelity International is hunting for a new head of wholesale sales for its Australian business after the incumbent left. Andrew Mathie finished up at Fidelity in late August, after two years with the company. Mathie worked directly with Fidelity managing ...

Former BTFG executive takes on new role

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
BT Financial Group's former general manager of platforms and investments has stepped into a new role with an emerging platform provider. John Shuttleworth has been appointed chief executive of Spitfire. Spitfire's current chief executive Matthew Johnson ...

Bravura signs with major fund administrator

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
Bravura has penned a new deal with a leading Australian fund administration outsourcer. The deal will see the organisation implement Bravura's Australian tax solution. The organisation will leverage the tax platform to generate new operational efficiencies ...

Portfolio manager resigns from First State Investments

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
An experienced portfolio manager has resigned from Stewart Investors, an equities division First State Investments. Ashish Swarup was the lead manager for the Stewart Investors Global Emerging Markets Leaders strategy for its UK, Ireland and Singapore ...

SG increase will not help women: Treasury

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
Forty percent of single women are estimated to retire in poverty, but Treasury think increasing the superannuation guarantee won't do much for women's lower superannuation balances. February documents released by the Treasury under freedom of information ...

Put risk on the super comparison table: AMP

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
As APRA prepares its traffic light rating system for super funds, AMP's head of wealth warns risk needs to be on the table to ensure consumers compare apples with apples. Chief executive of AMP's Australian wealth management division Alex Wade ...