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Showing 471 - 480 of 1630 results for "Division 296"

NAB remediation bill hits $1.1bn

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2019
National Australia Bank has set aside an additional $525 million for customer remediation, more than 90% of which is in relation to its wealth operations. The total owing is now estimated at more than $1.1 billion. Announced today, the $525 million ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Commonwealth Bank is under pressure to disclose the extent of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to ...

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management ...

KPMG partner moves to GROW Super

KARREN VERGARA  |  MONDAY, 8 APR 2019
A former KPMG partner and superannuation expert is joining GROW Super as head of strategy in May. Adam Gee will lead GROW's development strategy here and overseas, as well as implement the TINA platform, GROW's blockchain-enabled technology for superannuation ...

Superannuation, insurance expert joins EY

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
A superannuation and insurance specialist has joined Ernst & Young as a partner. Lisa-Marie McKechnie was appointed partner of the financial services law division after spending nine years at law firm Mills Oakley, where some of clients included Hostplus ...

TAL to add remediation head

HARRISON WORLEY  |  TUESDAY, 26 MAR 2019
TAL is recruiting for a new position that will lead remediation efforts. The diversified financial services firm is hiring a head of operational resilience and remediation, to "lead remediation and rectification activities." TAL general manager customer ...

EQT hires risk and superannuation strategy lead

KARREN VERGARA  |  MONDAY, 25 MAR 2019
Equity Trustees hired a former APRA manager to the newly created role of head of risk and superannuation strategy. Justin Watts joins EQT's growing Superannuation Trustee Office (STO). Watts worked across a range of areas including superannuation, insurance ...

Rainmaker Group acquires Money magazine

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
Rainmaker Group has acquired Money magazine from Bauer Media. Rainmaker Group confirmed today its transaction with Bauer to acquire the iconic Australian title is complete. Money will become Rainmaker's key consumer title under its media division  ...

Westpac exits personal advice, restructures leadership

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2019
Westpac is realigning its wealth strategy and BT Financial Group will cease as a standalone division. The group has also agreed to sell a number of advisers to Viridian Advisory. BT Financial Group will cease to be a standalone division of Westpac Group. ...

Link Group restructures, adds executives

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2019
Link Group restructured its operations and technology teams and appointed two new executive roles, welcoming the former head of Mercer Administration Services to the group. Link Group confirmed its operations and technology and innovations teams have ...