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

Search Results

Showing 691 - 700 of 2858 results for "Division"

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... dismal results, the bank's common equity tier one capital ratio rose 46 basis points to 11.13%. Its specialist businesses division which includes superannuation platforms and insurance was down $506 million with superannuation platforms and investments ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
AMP has announced the takeover proposal from Ares Management was at an implied value of $1.85 a share, totaling around $6.35 billion. The offer, disclosed by AMP to the ASX on Friday, is at a 20% premium to the company's most recent closing price ...

T. Rowe Price adds to intermediary team

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... been appointed to the position from Macquarie Bank where she was a business development manager in its wealth solutions division. Prior, she worked as platform operations specialist at Colonial First State Wrap and as a wealth recruitment consultant ...

New fund manager at EG

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... and Roseberry) totalling over $100 million. It also won a $400 million mandate from GIC, and opened a private wealth division as it saw the opportunity to buy assets that would fit syndicates of rich investors while not overlapping with its institutional ...

Wealth platform adds to board

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... broker for mortgages and business loans. It has been building a financial planning business and recently rebranded the division.

QSuper head of advice exits

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... ceasing comprehensive advice to new members. From September 30, advice teams across the group were combined to form one division. Pennisi said moving all of the advice teams together would ensure a coordinated approach to the delivery of QSuper's general ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... of inbound enquiries from advisers looking to change their business models and alliances. The sale of MLC's wealth division to IOOF and AMP's review of its business has instigated several movements. As an example, HFM & Partners and Queensland-based ...

Acting AMP Australia chief joins FSC board

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
The Financial Services Council (FSC) has announced the acting chief executive of AMP Australia, Blair Vernon will join the FSC board as a director. FSC said Vernon is an experienced financial services executive with significant capability across a range ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
BT has proposed changes to its Wealth Connect business which could see at least 38 roles become redundant, as Westpac continues to review its wealth platform, superannuation, investments and insurance businesses. BT's Wealth Connect team provides ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... with the alleged scam be suspended and that associated bank accounts be frozen. Victoria Police Finance and Cyber Crime Division head Jane Welsh said such scams could lead to someone losing their entire savings. "These scams can be incredibly destructive ...