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Showing 711 - 720 of 1884 results for "Wen"

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
NAB chief executive Andrew Thorburn said the venture into wealth management by Australia's big banks was most likely a failure. Opening the final week of hearings into misconduct in financial services today in Melbourne, counsel assisting Michael Hodge ...

FPA honours top advisers

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
The Financial Planning Association of Australia kicked off its annual conference in Sydney yesterday afternoon by honouring outstanding professionals in the industry. Perth-based Michael Carmody of Viva Wealth took out the coveted FPA Certified Financial ...

Aussie banks underestimated difficulties of advice: Hartzer

HARRISON WORLEY  |  THURSDAY, 22 NOV 2018
The Royal Commission heard today that Australia's banks underestimated the amount of change required to make financial planning "work" within their existing businesses. Continuing his appearance at the Royal Commission, Westpac chief executive Brian ...

Comyn promises personal accountability

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
CBA chief executive Matt Comyn told the financial services Royal Commission how he plans to overhaul the bank that was "once great" under his leadership, but flagged there might be "missteps" along the way. Comyn admitted that the pursuit of financial ...

Royal Commission puts bonuses on notice

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
Latest research from Macquarie University uncovers flaws in the use of balanced scorecards to determine remuneration. It comes as Australia's biggest bank bosses face the Royal Commission. According to researchers from the university's Applied ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
More investors are turning to fixed income ETFs as a way to finetune their bond portfolios. Karren Vergara finds out what is driving the demand and why this new wave of defensive ETFs is here to stay. Recalling the sharp market correction that stung ...

TCorp sets green bond record

DARREN SNYDER  |  WEDNESDAY, 14 NOV 2018
New South Wales Treasury Corporation (TCorp) recently raised $1.8 billion to fund the NSW Government's first green bond. It is a record for the Australian green bond market. Launched on November 8, the green bond issue had a minimum size of $500 ...

Industry fund chief exits

KARREN VERGARA  |  MONDAY, 5 NOV 2018
The long-running chief executive of a $9.4 billion industry superannuation fund is stepping down. Frank Pegan is exiting his role as chief executive at Catholic Super after 17 years at the helm. Chief risk officer David O'Sullivan acts as chief ...

Chief investment officer retires

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
The chief investment officer at a prominent Australian asset manager is retiring after working at the firm for 12 years. Wilson Asset Management chief investment officer Chris Stott will soon retire to spend more time with his young family. Chairman ...

Beware the fintech Ponzi scheme

MICHELLE BALTAZAR  |  FRIDAY, 26 OCT 2018
Not to rain on the fintech parade but financial advisers and investors in Australia must stay alert against Ponzi schemes posing as P2P platforms. In a paper released by the SWIFT Institute titled "Quo Vadis? A comparison of the fintech revolution in ...