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Showing 521 - 530 of 675 results for "Legacy"

NAB refunds $25m to Navigator Wrap customers

ALEX BURKE  |  FRIDAY, 24 JUL 2015
... significant focus to our breach identification and reporting processes, which is what led to NAB originally reporting this legacy issue to ASIC," said NAB Wealth chief executive Andrew Hagger. "These errors date back to 2001 and are centred on processes ...

Findex life insurance goes commission-free

ALEX BURKE  |  MONDAY, 20 JUL 2015
... fee-for-service life insurance advice will be inherently more expensive for consumers. "The history of the industry and its legacy systems, combined with the dominant culture of high up front commissions in the advisory industry, have been impediments ...

ACFS director steps down

DARREN SNYDER  |  FRIDAY, 10 JUL 2015
... Global Pension Index. "The linkages she has forged between industry, academia and government is probably her strongest legacy," ACFS chairman Jeremy Duffield said. Ralston said the centre has made strenuous efforts to ensure its independent research ...

FPA announces CFP award winner

ALEX BURKE  |  WEDNESDAY, 8 JUL 2015
... particular, recognise his exceptional contribution to both his clients and the wider community. "John is continuing Gwen's legacy of helping people first and foremost, reflected in her constant efforts to improve the financial planning profession."

Clydesdale sell-off still NAB priority

ALEX BURKE  |  TUESDAY, 7 JUL 2015
... regulator, the Prudential Regulation Authority (PRA), to provision A£1.7 billion ($3.5 billion) to cover "losses related to legacy conduct costs" at Clydesdale. The cost is capped at this amount provided the sale occurs before 31 December 2015. This ...

SDI products drive retail FUM growth

ALEX DUNNIN  |  FRIDAY, 5 JUN 2015
... of this is invested through pooled funds -will for the forseeable future still represent a massive source of potential legacy fee income. Rainmaker emphasised, however, that this scenario of retail wealth managers being under disruptive attack does not ...

UK business leads BTIM inflows

LAURA MILLAN  |  THURSDAY, 30 APR 2015
... Australian business saw net outflows of $600 million, mainly from low margin products in the institutional channel and the legacy book, the investment manager said. BTIM chief executive Emilio Gonzalez told Financial Standard: "We have seen a net positive ...

Signs that churning is on the wane

ALEX BURKE  |  TUESDAY, 21 APR 2015
... premiums increase with age and their need for cover reduces. "The extent to which insurers migrate policyholders from older legacy products into current products and adviser replacement activity that is in a client's best interest, and also that which ...

Liquidnet increases average trade size in Australia

LAURA MILLAN  |  THURSDAY, 16 APR 2015
... principal traded, up from 47% during the previous quarter. Liquidnet attributed the growth to "continuing to re-assess legacy trading strategies in historically 'easy to trade' names." The business had a record first quarter in the overall Asia Pacific ...

Suncorp names new chief executive

ALEX BURKE  |  WEDNESDAY, 15 APR 2015
... Snowball, saying: "There's no overhaul required. Patrick has done a fantastic job of turning the business around, fixing legacy problems, building an excellent team, and lifting performance. "I have great faith in the Suncorp Group and I am ready to ...