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Showing 611 - 620 of 3543 results for "ANZ"

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... covered under the Corporations Act. Court settlements were ordered against Commonwealth Bank, National Australia Bank and ANZ on similar matters. Total civil penalties against these banks came to $25 million. Total community benefit payments were made ...

Praemium loses major client

KARREN VERGARA  |  MONDAY, 8 APR 2019
Praemium has lost an Australian institutional client that contributed 8% to its revenue. ANZ Private made $4 million in revenue for Praemium during the 2018 calendar year. It will transition to new platform provider Netwealth from July 2019. While "it ...

IOOF appoints head of advice governance

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... structured advice remediation program. Previously, Flynn served at van Eyk where he was head of finance and operations, and ANZ as head of operations and projects for the bank's aligned licensees. Earlier he spent three years at ING as chief financial ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... independent voice to combat these powerful industry influences." The SCC received funding in 2018 as a result of penalties CBA and ANZ were forced to pay. The banks paid a total of $2.5 million community benefits after ASIC found branch staff sold superannuation ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... to put governance and conflicts of interest management arrangements in place to safeguard super members. Also in January, ANZ revised its wealth sale agreement with IOOF following APRAs regulatory action. IOOF is also facing a potential class action ...

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
With the ANZ banking group abolishing all grandfathered commissions as of yesterday, the industry is receiving little sympathy from the Government. Deputy chair of the House of Representatives Standing Committee on Economics Review of the Four Major ...

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
... Disability income insurance claims showed AMP takes about 3.2 months to process, followed by AIA Australia at 2.5 months and ANZ OnePath at 2.4 months. In terms of dispute duration, the regulators found Hannover Re took 17.3 months on average to resolve ...

Financial services industry digs deep for charity

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
... Aussie rock royalty AC/DC proved popular on the night, with the 2019 FICAP RockStar of the Year Award went to Jodie Hanson from ANZ for her rendition of 'Long Way to the Top'. Meanwhile, People's Choice went to Matt Okkerse from Ausbil for his take on ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... occur then and why are you now the right person to lead NAB?" Chronican replied he was not aware of the "individual issues at ANZ". When asked by the committee what the quantum of remediation payments have been made in the past couple of years by NAB ...

NEOS continues recruitment drive

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... more than eight years' experience in life insurance, is the manager for NSW. He previously worked at BT Financial Group and ANZ. NEOS has made several appointments in the last six months. Its total workforce currently stands at 40.