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Showing 761 - 770 of 3558 results for westpac

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... Australian Ethical will remain exposed to two Australian institutions which have appeared before the Royal Commission: NAB and Westpac. But this may change based on further findings or recommendations made by the Commissioner. "Our general approach to ...

Pendal sees 70% boost in performance fees

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... got. We know the change isn't contentious." Gonzalez added the marketplace has been expecting this kind of change since Westpac commenced selling down its stake in BTIM in 2015. He said Westpac has indicated its support of the change.

BTFG reports first half earnings growth

HARRISON WORLEY  |  MONDAY, 7 MAY 2018
Westpac's wealth management and insurance arm yielded $1.2 billion in revenue in the six months to 31 March 2018, an increase of 5% on 2H17. Overall BT Financial group added $404 million in cash earnings to Westpac Group's interim results, with the ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
... Before that, he was senior manager, department of information technology. Prior to the RBA, Benedict held three roles at Westpac: group technology head of strategy and enterprise architecture, technology head of enterprise architecture and enterprise ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... letter to industry fund chief executives, ACTU secretary Sally McManus urged funds to reconsider their relationships with Westpac, Commonwealth Bank, ANZ and NAB in accordance with their ESG policies. "Working people in Australia gave up pay rises in ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
The Royal Commission found Westpac downplayed the gravity of former financial adviser Andrew Smith's misconduct not only to the regulator but with another licensee he was joining. Smith commenced as a financial adviser with Westpac subsidiary St George ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... heard on day four and five of the financial advice industry's turn before Commissioner Kenneth Hayne. Executives from Westpac, CBA and AMP have now made an appearance. Here's everything you need to know: April 20: First casualty at AMP, BTFG talks culture ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... charged customers a fee - but at times, there is a genuine need for a product solution, he said. That's why, Wright said, Westpac has made changes to its remuneration models whereby revenue will not be the "hero item." Commissioner Kenneth Hayne questioned ...

HUB24 expands distribution team

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... accounts. In her most recent role at CFS she served as head of strategic accounts. She has also previously worked for Westpac, BNP Paribas Asset Management and BlackRock. Day will be responsible for managing and building strategic relationships with ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
A Westpac case study analysed by the Royal Commission has demonstrated the devastating impact of inappropriate financial advice. Providing testimony in the first case study of inappropriate advice to be explored by the Commission, former Westpac customer ...