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Showing 5241 - 5250 of 17956 results for "Bank"

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
Four industry figures, including a prominent Sydney financial planner, have been appointed to the board of the Australian Financial Complaints Authority (AFCA). The new members are Claire Mackay, Andrew Fairley, Erin Turner and Alan Wein. They join ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... headwinds from protectionist trade policies, tightening Chinese financial sector oversight, a weaker housing market, rising bank funding costs, pressure on its financial sector from a Royal Commission into its misconduct, and political uncertainty." ...

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
APRA has accepted an Enforceable Undertaking from Commonwealth Bank, having determined the bank's operational risk management framework "worked better on paper than in practice." Releasing the final report of its prudential inquiry into CBA, the regulator ...

Royal Commission to drive independent advice market: GlobalData

KANIKA SOOD  |  MONDAY, 30 APR 2018
... demographics not typically drawn to independent advice are more likely to turn towards independent advisers when they learn their bank might have sold them products that are not in their best interest, GlobalData wealth management analyst Heike van del ...

FIIG Securities appoints Deutsche manager

KANIKA SOOD  |  MONDAY, 30 APR 2018
... Australian growth. Joining FIIG Securities is Anne-Marie Hunter-Brown as its markets business manager. She joins from Deutsche Bank as a business manager for credit trading and structured finance within global markets. FIIG Securities managing director ...

AMP becomes class action target

DARREN SNYDER  |  MONDAY, 30 APR 2018
... admit AMP had been charging significant fees for financial advice services it did not provide, but they also admitted the bank tried to conceal these practices by repeatedly telling ASIC they were the result of an administrative error," Hardwick said. ...

SSGA boosts SPDR distribution team

ALEX BURKE  |  MONDAY, 30 APR 2018
... State and was a national account manager at Russell Investments. She has also held roles at ING Australia, HSBC and St George Bank. The second appointment is Sinead Schaffer, who joins as a business development consultant. Before this role, she was a ...

Kina expands IRESS relationship

HARRISON WORLEY  |  MONDAY, 30 APR 2018
A Papua New Guinean bank and wealth management firm is expanding the implementation of an IRESS fund administration platform. Kina Securities, a $4.3 billion fund administrator, will use IRESS' Acurity Online platform to allow its 700,000 PNG members ...

Industry fund adds chair, first female director

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
A $2.1 billion industry superannuation fund appointed a former AMP and ANZ executive as its new chair and welcomed its first female board member. AMIST Super has appointed Greg Camm as independent chair, succeeding long-serving chair Kevin Cottrill ...

Sixty per cent of FPA members hold degree

HARRISON WORLEY  |  MONDAY, 30 APR 2018
Responses to a Financial Planning Association of Australia questionnaire indicate the education levels of its members compare favourably to the planning industry overall. After 3200 members responded in the fortnight since the FPA issued its questionnaire ...