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

Search Results

Showing 651 - 660 of 3543 results for "ANZ"

CFS tops up Morgan Stanley mandate

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... SelectingSuper data. It beats all other retail funds in employer lifestage super returns for a 40 year old over 3 year period: ANZ Smart Choice returned 6.2% p.a., Essential Super Employer returned 6% p.a. and Mercer SmartPath delivered 5.9% p.a. Colonial ...

Advice groups sign on to HUB24

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... in FUM (18% of the $860 billion market). It is followed by AMP Group (17.4%), CBA (14.9%), NAB (13.8%), Macquarie(10.1%), ANZ Wealth (4.7%) and IOOF (4.2%). Mercer, Netwealth and tateplus each have less than 3% share.

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... domestic headlines. "NAB pushes out Reserve Bank rate hike forecast to 2020 from 2019" (Australian Financial Review) and "ANZ abandons its call for RBA rate hikes next year as the property downturn becomes longer and larger" (Business Insider Australia) ...

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
The first strikes against executive remuneration at ANZ, NAB and Westpac recently show Australia's superannuation funds are cutting through when it comes to shareholder voting prowess. NAB recorded the highest ever vote (88%) against a remuneration ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... Group announced it will scrap grandfathered commissions on 140,000 customer accounts, taking a $40 million hit to earnings. ANZ is yet to state any changes in their position on the payments, though ANZ has now sold its advice dealer groups to IOOF - ...

ANZ Australia head to depart

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
ANZ's group executive for Australia is stepping down and taking an extended career break to spend time with family. Fred Ohlsson has announced he will be returning to his native Sweden following 17 years' at the bank. Current group executive, business ...

FIIG turns to institutional market

HARRISON WORLEY  |  WEDNESDAY, 12 DEC 2018
... was Emily Boden, who recently was responsible for middle market fixed interest and wealth sales as an associate director at ANZ. Her new role sees her build out FIIG's sector coverage of not-for-profits and corporate entities, as well as those involved ...

IOOF future uncertain: Morningstar

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
The planned sale of ANZ Wealth to IOOF is under threat as a result of the uncompromising action of APRA. As such, Morningstar has placed the stock IOOF Holdings under review. Morningstar described the action brought against IOOF by APRA as a major hit ...

IOOF appoints acting chief executive, chair

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
... complete." Those initiatives include the acquisition of ANZ's pensions and investments business, as agreed in October 2017. ANZ said it is seeking urgent information from IOOF and APRA while also assessing its various options. The IOOF board is also ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... Alexis George said the bank would seek urgent information from APRA and IOOF and assess the various options available to it. ANZ clarified it was still working towards separating OnePath's life insurance business from its pensions and investments ...