Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 571 - 580 of 3560 results for "Westpac"

BT faces fees for no service class action

ELIZABETH MCARTHUR  |  FRIDAY, 6 SEP 2019
Westpac confirmed it has received a class action filed against BT Funds Management and Westpac Life Insurance Services in relation to BT's Super for Life cash investment option. Slater & Gordon filed the action on behalf of Tracey Ghee. Westpac ...

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
... other regulators, APRA must ensure the data we receive is timely and accurate," he said. "As last month's fine imposed on Westpac underlined, our reporting standards are legally binding, and we will act when necessary to ensure institutions meet their ...

MLC Wealth appoints chief operating officer

KRISTI CHENG  |  FRIDAY, 30 AUG 2019
MLC Wealth has appointed a new chief operating officer from Westpac, who took the reins in mid-August. Anthony Lane joined MLC Wealth after nearly five years at Westpac subsidiary BT Financial Group, where he served as chief operating officer of BT ...

Down but not out: Top advisers adapt

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... movement is attributable to large institutions culling or downsizing their wealth operations. After exiting personal advice, Westpac lost 338 advisers since February - the most of any licensee. Securitor shed 146 advisers over the same period, bringing ...

Dividend payouts stagnate

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... financials and resources and lack of dividend growth reiterates the benefits of a global approach to secure income. Major bank Westpac kept its dividend flat for the eighth consecutive quarter. Pointing to Westpac's 3Q19 capital update, UBS highlighted ...

KPMG names financial services head

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... distribution and core retail banking. His time at the bank was preceded by a two year stint at Citi and three years at Westpac as head of its central program office and customer service. Knoll noted the financial services industry was undergoing a "huge ...

Aussie equities manager expands team

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... base. He was most recently head of advised distribution at Cashwerkz. Prior to that, he worked at BT Financial Group and Westpac, the former of which he was at for seven years. "In an uncertain and increasingly complex time for investment markets it ...

PPS Mutual bolsters leadership

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
... underwriter at ANZ Wealth. Prior to that, he was a protection specialist at National Australia Bank and senior underwriter at Westpac. He spent five years as a private wealth protection adviser, PPS Mutual say those insights into adviser requirements ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... survey shows business confidence improved from 2 in June to 4 in July (albeit still below its long-run average of 6). The Westpac/Melbourne Institute consumer sentiment index increased by 3.6% to a reading of 100 - optimists level pegging with pessimists ...

Court dismisses Westpac lending practice case

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
The Federal Court has dismissed ASIC's case against Westpac, alleging it breached responsible lending practices for home loans. ASIC alleged that between December 2011 and March 2015, the bank failed to properly assess whether borrowers could meet repayment ...