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Showing 5461 - 5470 of 18266 results for "Plan"

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
... across its branches and technology division, alleged to affect 10,000 employees. The FSU said it understands the bank's plan includes shutting down 300 branches. NAB is the only one of the major banks to detail the extent of its job losses. In late ...

Superannuation fund names innovation, transformation lead

KARREN VERGARA  |  THURSDAY, 18 APR 2019
A $50 billion superannuation fund has appointed an innovation and transformation lead and finalised its leadership restructure. Jeremy Hubbard joins as group executive of innovation and transformation, responsible for executing Rest's business strategy ...

ESG would curb ocean pollution: Report

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
A Calvert report on the impact of ocean degradation on portfolios has drawn interesting conclusions about the role of investment in the health of our oceans. Calvert Research and Management said investors can take an active role in protecting the oceans ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
Commonwealth Bank Australia (CBA) notified the Finance Sector Union (FSU) it will have to reimburse staff after a series of errors resulted in workers being underpaid. Thousands of current and former employees of CBA and BankWest have been underpaid ...

NAB remediation bill hits $1.1bn

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2019
National Australia Bank has set aside an additional $525 million for customer remediation, more than 90% of which is in relation to its wealth operations. The total owing is now estimated at more than $1.1 billion. Announced today, the $525 million ...

New role for former ClearView executive

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
A former head of dealer group services at ClearView Wealth joined a firm helping accountants looking to expand into financial planning. Crescere Partners appointed Andrew O'Riordan as operations manager as the firm grows to meet the increasing demand ...

Advisers loyal to XPLAN: Report

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
XPLAN continues to be the top application of choice for financial advisers for the 12th consecutive year. This is according to the latest Investment Trends Planning Software Benchmarking Report, which showed XPLAN blitzed 29 of 34 categories. Other ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
Former Commonwealth Bank and Westpac chief information officer Bob McKinnon is tasked with the tough job of chairing the New Payments Platform (NPP) through its rollout. McKinnon was made chair at the end of January this year. In March, the RBA revealed ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... impacts on employees," the FSU said. The FSU referred to an article in The Australian, which alleges Comyn has a "secret plan" to cut more than 10,000 employees. The FSU said it understands Comyn's plan includes shutting down 300 branches. FSU national ...

Income only falls by 11% in retirement: Grattan

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... of the Age Pension and their compulsory superannuation savings." Grattan thinks the Government should scrap the legislated plan to boost the Superannuation Guarantee from 9.5% to 12% and save $2 billion a year. Instead, the Government should focus on ...