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Showing 681 - 690 of 3543 results for "ANZ"

AFA names 2018 Rising Star

HARRISON WORLEY  |  WEDNESDAY, 10 OCT 2018
... Year award at this year's Association of Financial Advisers National Adviser Conference. The award, which is sponsored by ANZ Wealth, was presented to Rebecca Pritchard in recognition of her refreshing approach to advice. Pritchard said the award ...

ANZ compensation bill hits earnings

KARREN VERGARA  |  MONDAY, 8 OCT 2018
ANZ will take a massive $374 million hit to its profit thanks to its customer remediation programs. The bank will recognise the losses in 2H18 for refunds owed to customers. It also factored in legal costs associated with the Royal Commission of $55 ...

Bank cross-selling success declines: Research

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... years, with NAB seeing the greatest loss of 3.7% bringing its share to 29.5%. CBA maintains 31%, down 2.6% since 2014 while ANZ came in with 27.7% for the year ending June 2018. This is a 1.1% slide in four years. Westpac has 28.3%, dropping only 0.9% ...

Banks to answer for Hayne report

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... seriousness of what has occurred and must be addressed." Commonwealth Bank and Westpac will face the committee this Thursday; ANZ will face questioning on Friday; and NAB is set to appear the following Friday. "These hearings will also be an important ...

IOOF appoints dealer group chief

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Following its acquisition of ANZ's aligned dealer groups, IOOF has appointed a new chief executive of Financial Services Partners. IOOF veteran Geoff Kellett will lead the 140 adviser strong FSP, one of the four licensed businesses IOOF acquired from ...

IOOF completes ANZ dealer group acquisitions

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
IOOF completed the acquisition of aligned dealer groups. It also provided an update on the progress of acquiring ANZ's One Path Pensions and Investments (ANZ P&I) business. As of Monday, the diversified wealth manager took full legal ownership of ANZ's ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
Round six of the Royal Commission exposed systemic issues across the life insurance value chain and its fledgling code of practice that's yet been powerless to stop unethical behaviour. But industry experts say all hope is not lost. Counsels assisting ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... he said. "It is difficult to face the statement of 'profits before people', but this is exactly what we need to confront." ANZ chief executive Shayne Elliot said the report marked a "critical moment" for the financial services industry, the bank, and ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
... remuneration for the managers of those staff as they are also incentivised by sales and profit targets. The report acknowledged that ANZ has changed its balanced scorecard early last year where it moved away from sales-driven targets and placed more ...

Fintech hub snaps up Afterpay co-founder

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
... exemplifies our core values of honesty, transparency and integrity," Scandurra said. Other new director appointments include ANZ digital and wealth chief risk officer Kylie Rixon; Moula co-founder and chief executive Aris Allegos; OpenSparkz chief operating ...