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Showing 781 - 790 of 2816 results for "Division"

Trustee firm launches admin platform

JAMIE WILLIAMSON  |  TUESDAY, 29 OCT 2019
... led by general manager Priya Sharma who was most recently finance manager within Blue Sky Water Partners' real assets division. All services to be offered by MSC Abacus will be white-labelled and flexible to clients' needs, contracted directly to MSC ...

IOOF struck by outflows, former chair resigns

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
... from its financial advice and investment management businesses for the 3 months to 30 September. The Financial Advice division had $33 million of net inflows compared to $119 million of net inflows in the prior corresponding period. While it's investment ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... remediation programs. The banks said the majority of the costs relate to issues identified in prior periods. The banks wealth division also took a blow, denting profit by $172 million for the year, bringing the banks total profit loss for 2019 to around ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... in relation to alleged breaches of super trustee duties. That class action also makes mention of the FirstChoice Super division, alleging that CFS's implementation of the MySuper reforms for members was slow.

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... particular. The action alleged CFS's implementation of the MySuper reforms for members of the FirstChoice Employer Super division was slow and the fund breached its duties to members. Maurice Blackburn said CFS failed to exercise the degree of care ...

Broker fined for lavish entertainment

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... traders were essential to the firm in order to maintain a lucrative name passing business within the Tullett Prebon Rates Division, the FCA alleges. The name passing business was risky in terms of promoting improper broker conduct, as there was financial ...

AMP shamed by CHOICE

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
CHOICE has awarded AMP a Shonky for its "grossly underperforming" superannuation division, highlighting the AMP Retirement Trust and Super Savings Trust products. The consumer advocacy group said 55.5% of AMP's superannuation customer base comes from ...

Fidelity wholesale director departs

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
... manager. At Macquarie, he started as an associate director and national key account manager in 2007. He then became a division director for banking and financial services, focusing on institutional partnerships. Prior to this, he was a senior BDM at ...

Former BTFG executive takes on new role

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
... steps into the top job. Shuttleworth spent almost 15 years with BTFG, ultimately heading up its platform and investment division consisting of BT Wrap, Asgard and BT Panorama. "Spitfire has an incredible opportunity. The Australia financial services ...

APRA announces new executive roles, organisational structure

ELIZA BAVIN  |  THURSDAY, 3 OCT 2019
APRA said the changes are designed to "better align" its organisational structure with the strategic objectives previously set out in its Corporate Plan for 2019 to 2023. The regulator said it will move to an industry-based supervision model, with separate ...