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| | ... experience in the Australian wealth management industry, the last 16 years being at Bravura. He has also held tenures at Westpac and Macquarie Bank. In his new Sydney-based role, Speirs will be responsible for driving sales and developing strategic partnerships ... |
| | | ... Australia at Schroders Investment Management. He started his financial services career as a business development manager with Westpac. This article first appeared in Industry Moves. |
| | | Westpac has decided to fold the Specialist Businesses Division that once housed its platforms, superannuation and insurance businesses, redeploying its lead Jason Yetton. The bank has restructured in support of its next strategic phase, chief executive ... |
| | | ... billion, folded into Perpetual this year. It was previously part of BT Investment Management, which in turn was part-owned by Westpac. "Perpetual itself has seen significant negative funds flows from its unit trusts, losing 60% of its $1.7 billion total ... |
| | | Luci Ellis will join Westpac as its new chief economist after almost 15 years with the Reserve Bank of Australia (RBA), succeeding the long-serving Bill Evans. Ellis will join the bank in October while Evans will stay with the group and transition into ... |
| | | ... left with a tiny fraction of these costs being recovered," Abood said. "For example, ASIC was successful in court against Westpac in April 2022, with $113 million in penalties being awarded in this single case (which included advice related matters). ... |
| | | Bringing an end to years of speculation and sales discussions, Westpac will retain its platforms business, saying it intends to "aggressively compete" in the space. Despite having carried out a lengthy and competitive sales process, Westpac is going ... |
| | | ... are well aware of the risks of "treading into personal advice territory, particularly after the High Court ruling in the Westpac case on general advice". While the Quality of Advice Review is expected to solve the issue of blurred regulatory lines and ... |
| | | ... have also got to make sure our people are trained and developed well," he said. The Finance Sector Union slammed NAB and Westpac during the throes of the pandemic for their poor work from home policies, putting employees' health at risk. NAB staff were ... |
| | | ... are US Apple, at number one and following that is Alphabet, Microsoft, Bank of America, Citigroup and splitting them is Westpac at number three," it said. Across the entire Gen X cohort, Apple, at number eight, is the only US stock in the top 10 while ... |
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