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Showing 811 - 820 of 2016 results for "WIS"

AMP replaces Regan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
AMP announced new leadership of its advice business, replacing Jack Regan. After 20 years, Regan is retiring from the group. He has been on extended leave since his damning appearance at the Royal Commission in April this year. He has been replaced ...

Royal Commission: And that is a wrap

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
The public were provided a glimpse into the tireless work of the financial services Royal Commission as Commissioner Kenneth Hayne and counsel assisting Rowena Orr made closing remarks this afternoon. The final day's hearings adjourned at 1.15pm and ...

ANZ hid reasons for executive pay cuts

KANIKA SOOD  |  THURSDAY, 29 NOV 2018
ANZ chief executive Shayne Elliott admitted the bank did not disclose to its shareholders or staff that three of its senior executives had their variable pay held back in FY18 on account of compliance issues. Elliot's own variable remuneration was ...

Mercer creates portfolio management lead role

KARREN VERGARA  |  THURSDAY, 29 NOV 2018
Mercer is growing its Australian senior leadership team with the creation of a new portfolio management head. It also announced the retirement of its chief market strategist. Ronan McCabe will join as head of portfolio management commencing February ...

Charity donates $10m to university

KANIKA SOOD  |  WEDNESDAY, 28 NOV 2018
Owners of an ASX-listed company donated $10 million to a university with campuses in Coffs Harbor and Queensland to fund research. Marcus Blackmore and wife Catherine of the $2 billion vitamin empire Blackmores made the personal donation to Southern ...

CBA board ignored key issues in deciding executive pay

KANIKA SOOD  |  WEDNESDAY, 21 NOV 2018
The Commonwealth Bank board ignored major scandals besieging the bank when it approved the variable remuneration for its top executives for FY16, the Royal Commission heard. The bank's top executives were paid a fixed pay and variable pay split into ...

Guy Stern retires from ASI

KARREN VERGARA  |  THURSDAY, 8 NOV 2018
Aberdeen Standard Investments' global head of multi-asset and macro investing is retiring after more than 10 years at the firm. Guy Stern joined Standard Life Investments in April 2008 as head of multi-asset management. He was also responsible for ...

DomaCom, DFS establish $4.1m sub-fund

HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
DomaCom partnered with DFS Portfolio Solutions to launch a $4.1m mortgage sub-fund. DomaCom announced an allocation to two mortgage investments through the firm's first branded mortgage fund with DFS. The firm said the two mortgages total around $4.1 ...

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
Commonwealth Bank is selling Colonial First State Global Asset Management (CFSGAM) to a Japanese buyer. The bank has entered into an agreement with Mitsubishi UFJ Trust and Banking Corporation (MUTB) to sell the business for $4.13 billion for a total ...

Chief investment officer retires

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
The chief investment officer at a prominent Australian asset manager is retiring after working at the firm for 12 years. Wilson Asset Management chief investment officer Chris Stott will soon retire to spend more time with his young family. Chairman ...