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| | | The West Australian diversified financials firm said it expects a 193% pcp increase in its unaudited net profit after tax to $25.1 million in the half ending December 2020. Underlying cash profits after tax were $10.9 million and non-cash (most of it ... |
| | | | Chant West has appointed a former ANZ and BT Financial Group executive to expand its institutional sales footprint. Don Sillar has been named the new head of institutional sales, the research house announced. He replaces Geoff Peck, who previously led ... |
| | | | Risk premium inflows experienced marginal decreases in the 12 months to September 2020, new research shows. The latest data from Plan For Life showed inflows decrease by 0.4% with the largest falls from BT/Westpac (-20.8%) and AIA (-10.1%). These were ... |
| | | | The High Court has affirmed the Federal Court's 2019 decision that two Westpac subsidiaries provided unlicensed personal financial advice. In a decision handed down today, the High Court of Australia dismissed Westpac's appeal, determining the ... |
| | | | ... addition, this portfolio has been highly rated on its ESG merits," said Apostle Funds Management managing director Karyn West. Apostle, the third-party distribution firm, has $3.2 billion in funds under management, including commitments. It recently ... |
| | | | The ASX-listed insurer has hired Westpac's managing director for insurance as its new chief executive for Australia and Pacific division. Sue Houghton will join QBE in the Sydney-based role in August. Houghton is currently Westpac's managing director ... |
| | | | BT has hired a wealth management risk expert from MLC to oversee compliance functions across its platforms and operations. Caroline Guillot recently joined BT from MLC, taking on the title of head of risk platforms, investment and operations. Guillot ... |
| | | | Seqouia Financial Group's subsidiary Docs Centre has completed the acquisition of corporate registry firm Panthercorp from Easton Investments and finalised a purchase of assets. The integrated financial services company funded the $1.7 million purchase ... |
| | | | Only 10 publicly listed companies in Australia have made it onto the Bloomberg 2021 Gender-Equality Index (GEI), despite a record number of companies that disclosed data. From financial services, companies that made the index include Commonwealth Bank ... |
| | | | ... Interestingly, 35% of Victorians invest to earn more income, particularly for those on reduced salaries or JobKeeper, while 24% of West Australians don't have other employment than investment income. Nearly one third of investors in NSW are investing ... |
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