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Showing 811 - 820 of 2706 results for "NAB"

NAB cuts bonuses for executives

KANIKA SOOD  |  WEDNESDAY, 19 SEP 2018
... Andrew Thorburn will be paid 11% less than last year if the banking group's performance is at target, following a revamp of NAB's executive pay structure. National Australia Bank chief executive Andrew Thorburn's "at target" was slashed by 11% over the ...

Hagger to depart NAB

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... institutional banking, Mike Baird. Appearing at the fifth round of Royal Commission hearings last month, Hagger testified to NAB charging fees for no service and being insincere to ASIC as to the extent of remediation being paid to customers. In a statement ...

Former MLC executive joins Challenger

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
A former MLC and NAB Wealth executive has taken a directorship with Challenger. Duncan West has been appointed as an independent non-executive director to both the Challenger and Challenger Life Company boards. West is a former executive general manager ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... Scott Morrison) in the dying days of August may have played a part in the drop in the recent drop in business confidence. The NAB monthly business survey revealed that Australian business confidence fell from a reading of +7 in July to a two-year low ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... despite no financial advice being provided. ASIC alleges NULIS and MLC Nominees - the current and former super trustee of NAB - misled members of MLC MasterKey Super products, with the regulator seeking declarations of contravention and a civil penalty. ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... denied there was evidence its trustees failed to regard members' interests when approving those plans. In its submission, NAB accepts there had been a breach or likely breach of section 912A(1)(a) of the Corporations Act with respect to plan service ...

ASIC hires former super executives

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... He's was also the former chief executive of the Financial Markets Authority in New Zealand, and held leadership positions at NAB, ANZ and law firm Herbert Geer & Rundle (now Thompson Geer). Hughes previously worked at ASIC between 2008 and 2010 as ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... stability is "not readily reconciled with being an effective conduct regulator," Hodge observed. ASIC's role in letting NAB get away with not undertaking a proper review for charging fees for no service suggests a lack of respect for the regulator ...

OneVue and boutique fund manager ink platform deal

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... over the 12 month period. This was due in large part to the growth of its managed fund administration business, having won NAB Asset Servicing's book of clients and started transitioning the fund managers in the second half of the financial year. In ...

NAB operations lead resigns

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
The chief operating officer of NAB is returning to the UK to join a global fintech. Following eight years at the institution, Antony Cahill has resigned to take on a new role with a London-based payments technology company. To enable a smooth transition ...