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Showing 711 - 720 of 3546 results for "ANZ"

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... bancassurance partnership with AIA for the provision of life insurance products to customers in Australia and New Zealand. ANZ sold its life insurance business for $2.85 billion in December 2017 to Zurich. The sale comprises two transactions, including ...

IOOF adds advice GM

JAMIE WILLIAMSON  |  MONDAY, 20 AUG 2018
Following its acquisition of ANZ's aligned dealer groups, IOOF will welcome a new general manager for its combined financial advice business. Currently ANZ general manager, aligned licensees and advice standards, Darren Whereat will transition to the ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... in ASIC's financial services enforcement division. He was grilled over the regulator's disciplinary action on CBA, ANZ and Westpac. The discussion related to July 6 this year when CBA and ANZ entered enforceable undertakings with ASIC for offering ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
... infrequent) moved to another online broker in the period. "The improved retention efforts of the big four brokers - CommSec, ANZ, Westpac and nabtrade - has kept switching to a minimum," Guiamatsia said. The number of Australian retail online investors ...

Nikko AM wins Aussie equities mandate

KARREN VERGARA  |  TUESDAY, 14 AUG 2018
Nikko Asset Management has won an Australian equities mandate worth NZ$850 million ($766m). ANZ New Zealand Investments awarded the mandate to the Sydney-based Nikko Australian equities team, headed by Brad Potter. Nikko AM will use an Australian equity ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... leaving the company after eight years to pursue other opportunities but will stay on as the head of sales during the transition. ANZ managing director insurance Gavin Pearce will act as Zurich's chief operating officer for life and investments. Also ...

Fees for no service remediation passes $250 million

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... Updating the financial services industry and consumers on its oversight of fees for no service remediation, ASIC said AMP, ANZ, CBA, NAB and Westpac have now paid or offered customers $222.3 million in refunds and interest for failing to provide advice ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... Australian Executor Trustees become the largest compensation trust provider in the nation. Kelaher added that the addition of ANZ Wealth's pension and investments business will add to this in future and flagged further M&A activity to come, saying: "There's ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... measures, including $8 million for a new supervisory program in which ASIC staff will be embedded within Commonwealth Bank, ANZ, NAB, Westpac and AMP to monitor governance and compliance. Additionally, a taskforce dedicated to conducting a broad review ...