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|Showing 51 - 60 of 98 results for "Westpac Group"|
|Westpac Group will sell half of its stake in BT Investment Management (BTIM) to institutional and retail investors in a move that will raise up to $700 million and bolster its capital position. Westpac will reduce its stake in the funds management business ...|
|... with the performance for 2014 and are working hard to deliver more initiatives in 2015," Cooper said. Meanwhile Westpac Group, which owns BTGF, announced an 8% increase in cash earnings to $7.638 billion for the 12 months to 30 September 2014. Statutory ...|
|... Securities Exchange and manages over $66.4 billion (as at 30 September 2014) for investors. BTIM is majority owned by the Westpac Group.|
|... the CBA Group but their customers still deal with an average of 4.1 financial institutions. They are followed by Westpac Group (4.6), ANZ Group (4.7), and NAB Group (4.9). Across the big four banks, CBA Group is the most successful in terms of share ...|
|... will be to develop products that encourage Westpac bank customers switch their MySuper account to BT. "Across the Westpac Group brands we have eight million Australians who have a MySuper product with another provider," he said. "Melinda will bring even ...|
|The performance of BT Financial Group has boosted Westpac Group's half-year results, with the division reporting cash earnings of $438 million, a 21% increase on the same period last year. BT Financial Group chief executive Brad Cooper attributed the ...|
|... products. Meanwhile, Commonwealth Bank of Australia (CBA) together with Colonial First State spent $3.05 million. Westpac Group, including BT, spent $3.06 million. While the figures for the industry funds represent total advertising expenditure, those ...|
|Westpac Group has created the role of deputy chief executive officer to address strategic issues such as the Financial System Inquiry and regulatory change. The current chief financial officer Phil Coffey will start in the new role of deputy chief executive ...|
|... which are less affected by the awards system. "But with this process taken out, we can go and target all of our Westpac Group business banking clients with our superannuation offer," she said. Currently BT's "corporate" (i.e. employer default) super ...|
|... infrastructure by superannuation funds would provide retirees with a much-needed "annuity-style" income stream, according to Westpac Group. In a submission to the Productivity Commission's Public Infrastructure Inquiry, the bank said that the infrastructure ...|
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In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer.
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Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday.
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The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment.
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Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition.
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