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Showing 731 - 740 of 1075 results for "Worley"

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 ...

Royal Commission on social media: Executives grilled

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
As the Royal Commission turned its attention financial services executives this week, commentators took to twitter to have their say. The evidence in the Royal Commission skillfully examined by star QC Rowena ORR is stunning. Board requested former ...

Rice Warner warns against culling value-based advice fees

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Rice Warner is warning against a departure from value or volume-based advice fees. The researcher is concerned a potential move to fee for service - where fees are expressed entirely in dollars and not as a percentage of assets - will lead to reduced ...

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Treasurer Josh Frydenberg said eliminating misconduct was important, but the Government has other considerations to bear when implementing the Royal Commission's final recommendations. Speaking at the Australian Finance Industry Association conference ...

UBS launches emerging market fund

HARRISON WORLEY  |  THURSDAY, 22 NOV 2018
UBS Asset Management launched an emerging markets equity fund, providing Australian investors with an offshore avenue to diversify their portfolio. The UBS Emerging Markets Equity Fund - which is the firm's third global equity offering - offers ...

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 ...

Government allows domestic violence victims early super access

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
Domestic violence victims will get early access to their superannuation. Delivering the Women's Economic Security Statement at the National Press Club today, Minister for Jobs and Industrial Relations and Minister for Women, Kelly O'Dwyer announced ...

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 ...

Apologies are over: Royal Commission looks to future

HARRISON WORLEY  |  MONDAY, 19 NOV 2018
The final round of the financial services Royal Commission will ask chief executives at Australia's largest wealth management companies how to prevent this same misconduct ever happening again. Making her opening statement this morning, counsel ...

Lonsec appoints marketing director

HARRISON WORLEY  |  FRIDAY, 16 NOV 2018
Lonsec appointed a former Clime Asset Management executive to lead its marketing efforts. Rob Hardy links with Lonsec as the firm's new executive director of sales and marketing - a new role, which is set to see Hardy also assume responsibility for ...