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Showing 5971 - 5980 of 18266 results for "Plan"

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... Comyn said. "By allowing CBA and CFS Group to focus on their core businesses and market leading positions, we believe the plan will unlock value in both groups for our shareholders." CBA also announced it is undergoing a strategic review of CommInsure ...

MLC dealer group lead joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
The general manager of Garvan and MLC Financial Planning will lead a boutique financial advice business. Matthew Fogarty has been appointed chief executive of Fitzpatricks Private Wealth, joining from MLC where he was general manager of Garvan and MLC ...

Super startup returns to drawing board

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
Female-focused superannuation startup Human Super confirmed its launch plans are on hold as well as the departure of its chief executive after eight months in the role. Human Super interim chair Jeremy Levy told Financial Standard the venture is still ...

Sequoia sells direct equities business

ALEX BURKE  |  FRIDAY, 22 JUN 2018
Sequoia Financial Group noted the sale of its direct equities business in a market update. Sequoia said it was selling Sequoia Direct as part of a "simplication of its overall operation by reducing the number of AFSLs operated within the Sequoia group." ...

Russell Master Trust COO departs

ALEX BURKE  |  THURSDAY, 21 JUN 2018
... In a social media post, he described his role as having responsibility for "the development and execution of a strategic plan across business units, bringing together institutional and retail client requirements while managing product and service development ...

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
About half of all accounting firms are considering a move into financial planning. According to Commonwealth Bank, 43% of Australia's accounting firms are planning to add or grow their wealth management and financial planning capabilities in the ...

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
... SMSF or in products for the institutions they are aligned to. She recommended that the PC develop a detailed operational plan for a best-in-show system as it would be beneficial for consumers, and that it was unclear of the transition process in the ...

Quantifeed eyes Australian expansion with $13.5m raising

KANIKA SOOD  |  WEDNESDAY, 20 JUN 2018
The fintech is looking to expand its B2B robo-advice business in Australia as a part of a $13.5 million venture capital raising announced today. The series B funding was led by Taiwanese giant Cathay Financial Holdings, with participation from US-based ...

Priestley resigns from ASX, Future Fund boards

KANIKA SOOD  |  TUESDAY, 19 JUN 2018
J.P. Morgan Australia non-executive chairman Robert Priestley has resigned from the boards of the Australian Securities Exchange and the Future Fund following the ACCC pursuing a criminal cartel conduct investigation. Announcing his decision, Priestley ...

New campaign combats elder financial abuse

KARREN VERGARA  |  MONDAY, 18 JUN 2018
... and territories to develop a national online register for enduring powers of attorney, in addition to developing a national plan on elder abuse. The United Nations designated June 15 as World Elder Abuse Awareness Day.