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Showing 621 - 630 of 3560 results for "Westpac"

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
Former Commonwealth Bank and Westpac chief information officer Bob McKinnon is tasked with the tough job of chairing the New Payments Platform (NPP) through its rollout. McKinnon was made chair at the end of January this year. In March, the RBA revealed ...

Group risk inflows slow at CommInsure, AMP

KANIKA SOOD  |  MONDAY, 15 APR 2019
... inflows than the lump sum market, swelling by 1.9% over the year ending December 31. Premium inflows declined the most at BT/Westpac Group (3%) while the biggest increase was seen by TAL (13.7%). The total risk market inflows stood at $16.3 billion up ...

Westpac appoints acting advice GM

JAMIE WILLIAMSON  |  FRIDAY, 12 APR 2019
Westpac has appointed an acting general manager of advice to lead the transition of its financial planning business to Viridian Advisory. National head of BT Group Licensees Ashley Stewart will take on the role of acting general manager of advice from ...

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... question, ASIC also resolved 10 market integrity related cases. Of key concern, ASIC won the Bank Bill Swap Rate case against Westpac in November - with the Federal Court ordering Westpac to pay $3.3 million for contravening the ASIC Act 2001 by its ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... their core banking operations, and the vertical integration model has all but been put out to pasture. Just last month, Westpac - which until then was the only big four bank still wholly committed to wealth management - decided to exit personal advice ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... transaction is on ice pending the outcome of the APRA investigation, while NAB is reportedly hunting a buyer for MLC. Westpac, the last of the major banks to join the exodus, agreed to sell a number of advisers to Viridian Advisory. Financial Standard ...

FASEA welcomes new directors

HARRISON WORLEY  |  MONDAY, 8 APR 2019
... Yellow Brick Road. Prior to joining Crystal Wealth, Lakomy spent almost two years as an executive financial planner at Westpac. Their appointments were flanked by the re-appointments of Integra Financial Services founder Deborah Kent and former Consumer ...

IOOF appoints head of advice governance

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
A director of Westpac's advice remediation program has been appointed to lead advice governance at IOOF. David Flynn is set to link with the wealth manager later this month as its new head of advice governance, replacing Adrian Kwa who is set to ...

Wealth heavyweights join FSC board

HARRISON WORLEY  |  THURSDAY, 4 APR 2019
... business, having been appointed chief executive of its NewCo entity last October. He previously spent more than 20 years at Westpac and BT Financial Group, including as group executive Westpac retail and business banking. New FSC deputy chair David Bryant ...