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| | | Former financial adviser Anthony Dick pleaded guilty to 11 counts of dishonestly using his clients' money for his own personal use. Dick was charged in February this year after an ASIC investigation revealed he had accessed and transferred around ... |
| | | | Westpac has determined several of its business units lack sufficient scale, including superannuation and investments, and is set to launch a review aimed at simplifying the group. Announcing results today, Westpac said it is establishing a new specialist ... |
| | | | The impending merger of major Queensland superannuation funds QSuper and Sunsuper has been delayed. QSuper has confirmed its planned merger with Sunsuper has been delayed, owing to difficulties in conducting due diligence while staff are working remotely ... |
| | | | Xplore Wealth has hired from Perpetual's executive team for its new head of product. Neil Gellett has been appointed to the role, after close to five years in the same position at Perpetual. Prior to Perpetual Gellett worked at BT Financial Group, holding ... |
| | | | Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. Hostplus has devalued assets within its property and infrastructure portfolios by a range of 7.5%-10% depending on the individual ... |
| | | | First Sentier has picked up another executive from Nikko Asset Management. Yesterday, Financial Standard reported Hendrie Koster was leaving his role as head of product strategy at Nikko Asset Management to follow new opportunities. Today, First Sentier ... |
| | | | National Australia Bank has announced that its chief customer officer, business and private banking, Anthony Healy, will leave the bank after 10 years. NAB Group chief executive Ross McEwan said Healy had led the banks operations at a critical time ... |
| | | | Nikko Asset Management has confirmed its Australian head of product and strategy is leaving the firm. Hendrie Koster has held the role for close to three years, which saw him responsible for the overall product function, development and management. ... |
| | | | The Australian Banking Association (ABA) has announced banks will defer loan repayments for six months for small business, as the nation introduces measures to combat the impact of COVID-19. The ABA said the move is designed to combat unemployment and ... |
| | | | The New York Stock Exchange (NYSE) has made all trading electronic, temporarily closing its symbolic trading floor. NYSE president Stacey Cunningham announced the move after two people tested positive for COVID-19, but said the closure will only be ... |
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