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Showing 571 - 580 of 2785 results for "Westpac 16,500"

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
The Commonwealth Bank is disputing allegations made by ASIC that it rigged the bank bill swap reference rate (BBSW) and engaged in unconscionable conduct. ASIC initiated civil penalty proceedings yesterday, alleging CBA traded a large number of its ...

Vertically integrated institutions failing to manage conflicts of interest

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
Financial advisers employed by Australia's five largest vertically integrated institutions failed to act in the best interests of clients 75% of the time, favouring their own products and leaving clients ''significantly worse off" in 10% of cases. These ...

Vontobel expands distribution footprint

KARREN VERGARA  |  FRIDAY, 12 JAN 2018
Fresh from winning an Australian fixed income mandate, Vontobel Asset Management has appointed a distribution specialist to strengthen its commitment to the local market. Andreas Faeste will be responsible for broadening the boutique investment manager's ...

Life insurance inflows stable: Research

KARREN VERGARA  |  MONDAY, 8 JAN 2018
... into the lump sum sub-market grew by 2.9% year-on-year with mixed company-level results. Among the market leaders, BT / Westpac (7.5%) and TAL (7.2%) experienced the highest inflows; Zurich's inflows jumped by 63.7% largely due to the acquisition of ...

Former SMSF Association chief joins CEFC board

KARREN VERGARA  |  MONDAY, 8 JAN 2018
A former Self-Managed Superannuation Fund Association chief executive will join the Clean Energy Finance Corporation board on February 1. Minister for the Environment and Energy Josh Frydenberg and Minister for Finance Mathias Corman announced Andrea ...

BTFG head of platforms to depart

JAMIE WILLIAMSON  |  TUESDAY, 19 DEC 2017
BT Financial Group's head of platforms is leaving the business. A spokesperson for the group confirmed the resignation of Kelly Power, wishing her the best of luck in her next chapter. "We thank Kelly for the outstanding contribution she has made to ...

Big 4, AMP fork out massive compensation bill

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... institution has either paid or offered the following amounts: AMP ($4.7m), ANZ ($49.2m), CBA ($117.7m), NAB ($5.4m) and Westpac ($3.1m). CBA and NAB still have estimated future compensation to be paid of $1.5 million and $1.3 million respectively. The ...

Westpac GM departs to Citi

EMMA RAPAPORT  |  FRIDAY, 8 DEC 2017
Westpac's general manager of business integration has left the bank to become the regional head of technology for Citi. With 25 years of technology experience across the financial services industry behind her, Jayne Opperman will set the vision and ...

Westpac extends domestic violence support services for staff

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2017
Westpac Group staff impacted by domestic and family violence will be provided with free financial planning following the introduction of a business-wide pledge to make all employees feel safe and supported at work. Employees impacted by domestic and ...

ME Bank recruits for people experience

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2017
A former general manager at Microsoft is the new group executive, people experience at ME Bank. The industry super fund-owned bank recently appointed Melanie Simpson, who will sit on the executive team and manage ME Bank's people and culture functions. ...