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Showing 681 - 690 of 1647 results for "Division 305"

Industry backs mental health education campaign PROP

MICHELLE BALTAZAR  |  FRIDAY, 4 NOV 2016
The financial services industry is lending its support to a new mental health education campaign called 'People Reaching Out to People' (PROP). Rob Prugue, head of the Asia Pacific division for Lazard Asset Management Pacific Co, started PROP to address ...

ANZ wealth sale marks end of an advice era

ALEX BURKE  |  FRIDAY, 4 NOV 2016
ANZ's potential sale of its wealth business will send ripples through the succession plans of many advice businesses now that banks can no longer be considered a "buyer of last resort." During a media briefing discussing the bank's full-year results ...

GBST partners with boutique administrator

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2016
Financial services software provider GBST is entering a seven-year contract with a boutique administrator to enter the business process outsourcing market. Announced on the ASX, GBST is teaming with specialist fund services provider MainstreamBPO. GBST ...

NAB Wealth reports solid growth

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
Stronger revenue and lower expenses have resulted in a 13% surge in cash earnings for NAB Wealth, growing to $356 million. The bank's wealth management division also reported a 2% growth in net income, owing to higher average funds under management ...

Profitable firms leverage from within: Macquarie

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
High performing financial services and accounting firms leverage existing capabilities and clients instead of looking outside their businesses for profit, according to new data from Macquarie. Macquarie's Accounting and Financial Services (AFS) Benchmarking ...

Finalists for SelectingSuper Awards announced

DARREN SNYDER  |  FRIDAY, 14 OCT 2016
Finalists for the 2016 Rainmaker SelectingSuper Awards have been announced, recognising the top superannuation providers and industry leaders in Australia. UniSuper and BUSSQ led nominations, each represented across six categories. Both ANZ and Intrust ...

Kina wins $1.6bn super mandate

ALEX BURKE  |  THURSDAY, 13 OCT 2016
ASX-listed Papa New Guinean bank and wealth management firm Kina Securities has won a $1.66 billion superannuation fund administration mandate. Kina will now provide fund administration services to PNG's National Superannuation Fund (NASFUND), which ...

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
The Commonwealth Bank has released an update on the ongoing independent review into its life insurance division CommInsure, following further accusations of misconduct. The review findings show the bank has retrieved and revised over five million documents ...

Clock ticks for institutional advice licensees

DARREN SNYDER  |  WEDNESDAY, 28 SEP 2016
A dealer group executive believes the clock is ticking for advisers at institutional licensees as another bank-owned advice service announced it was exiting the industry this week. Following news that Bankwest would be closing its salaried advice division  ...

New fund of funds taps Indian equity specialists

MARK SMITH  |  MONDAY, 19 SEP 2016
Two industry veterans have partnered with leading fund managers in India to offer sophisticated investors in Australia access to investment opportunities in the world's second most populous state. Former Macquarie division director Stephen Hopley and ...