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Showing 571 - 580 of 3544 results for "ANZ"

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... the fastest growing group among the big six - increasing its adviser footprint by 14% in the year to March, reflecting its ANZ acquisition.

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
... compliance experience across financial services and wealth management includes holding executive roles at Equity Trustees, Westpac, ANZ, NAB and KPMG. She was most recently chief risk officer at Trustee Partners for about a year, and was managing director ...

ASIC sues ANZ over unlawful fees

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
The corporate regulator is suing ANZ, alleging the bank unlawfully charged customers certain periodic fees exceeding $50 million. ASIC estimates the total gross loss to customers is in excess of $50 million for 1.3 million occasions of unlawfully charged ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... Banking changes. The energy and telecommunications sectors are proposed to follow next. Three of the four big banks (Westpac, ANZ and Commonwealth Bank) have voluntarily launched the first stage of Consumer Data Right on 1 July 2019. The next stage of ...

Super fund hires strategy lead from MLC Life

KANIKA SOOD  |  MONDAY, 22 JUL 2019
... development, digital, customer experience, marketing and large-scale program management working in Asia and Australia for Citicorp, ANZ, NAB, OCBC Bank and MLC. Thomas commences in the role on July 22. His appointment follows Unisuper's review of ...

OnePath receives first Life Code sanction

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2019
... stop selling a non-compliant product and remediate customers by an agreed deadline. In July 2017 OnePath self-reported its ANZ Loan Protection Insurance product as non-compliant with the Code, but continued to sell the product for a further 19 months ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... "deeply troubled" by the findings in the report, which included the likes of Commonwealth Bank and its subsidiary Bankwest, ANZ, NAB, Westpac, Suncorp, Citigroup and others. "Lenders and insurers have had more than enough time to improve sales practices ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... 2019 quarter after gaining 1.2% each in the previous two quarters. The ABS report is consistent with the 14.9% drop in the ANZ job advertisement series in the year to May (from 5.6% in April). Both reports point to continued weakness/weakening in Australia's ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... unrealistic to expect a further reduction in the cash rate." But will it be as soon as next week? Australia's big four banks - ANZ, Commonwealth Bank, NAB, Westpac - think the RBA will announce a 25 bps reduction in interest rates at the conclusion ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... under owned." The fund retained UBS AM as a manager for cash and fixed interest. The changes were implemented in February. ANZ sold its OnePath Pension and Investments business to IOOF but the deal has faced roadblocks with a May update saying if any ...