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Showing 31 - 40 of 43 results for "Downsizing"

Independent dealers in M&A mode

ALEX BURKE  |  MONDAY, 27 JUL 2015
... structure." Prendeville also noted that institutions are reducing their exposure to the wealth management space by downsizing M&A teams and wrapping up dealer groups, as AMP did with Genesys. "I think it's a pretty strong reflection of their diminished ...

Super reforms to hurt retirees

ALEX BURKE  |  TUESDAY, 2 JUN 2015
... million into super in one hit, that amnesty period, people downsized," she said. "But now that's over, they're not downsizing because they can't put the net proceeds into super. They don't want to put their untaxed capital into a taxed environment." ...

Super funds 'fair game' for activist scrutiny

JAMES FERNYHOUGH  |  TUESDAY, 5 NOV 2013
... activists rather than investigative journalists would be the most likely group to cause funds problems. "Because of the downsizing of the mainstream media, your chances of getting investigative reporters spending months on a story about your investments ...

IM focus at slimmed down Russell

MARK SMITH  |  TUESDAY, 14 MAY 2013
... The kind of degradation we've seen can't be absorbed," he said. "From a staffing perspective, the whole industry is downsizing. At Russell, as I'm sure is the case at every other business, we're turning to focus on what we're good at and are shedding ...

New AFS CEO

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
... despite a satisfactory track record, and a budget and business plan approved the board of directors. He also said that downsizing plans at AFS had been discussed in the weeks before his departure. Group director Phil Burke has been acting as chief executive ...

Perpetual sells mortgage business

BEN COLLINS  |  THURSDAY, 12 JUL 2012
... affiliate of First Mortgage Services. Plans to sell Perpetual Lenders Mortgage Services (PLMS) were announced as part of downsizing plans announced 25 June 2012. "The sale allows us to refocus our Corporate Trust business on corporate fiduciary services ...

YBR hires EX-AFS chief

BEN COLLINS  |  MONDAY, 25 JUN 2012
... unfair dismissal, after he was let go despite having a budget and business plan approved by the board. Daly said that downsizing was discussed before his departure from AFS, telling Financial Standard that "Having spent eight years trying to build AFS ...

Daly: Forced out of AFS after rejecting downsize

BEN COLLINS  |  THURSDAY, 7 JUN 2012
... Financial Services chief Peter Daly, who is for suing for unfair dismissal, said he departed the company after plans for downsizing were discussed. Daly said he had a business plan and budget approved by the board. "During the board meeting we discussed ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
... this year, the Wall Street investment bank said on Thursday. WASHINGTON - The US Postal Service has unveiled a drastic downsizing scheme, including cutting 35,000 jobs, as it seeks to avoid collapse amid a "new reality" in the economy. PARIS - French ...

Pigs may fly but they won't default

BENJAMIN ONG  |  THURSDAY, 30 JUN 2011
... are left would have to contend with low wages and extended weekly working hours and oh, higher taxes. "Public sector downsizing." Public sector entities would either be closed or merged. Those left standing would receive reduced subsidies and less operating ...