Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 851 - 860 of 1630 results for "Division 296"

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
The Financial Services Council (FSC) said that asking for a ban of commissions on general advice is "hypocritical" when intra fund advice itself is "non-transparent." FSC policy and global markets director Andrew Bragg and senior policy manager Cecilia ...

OneVue adds former IOOF exec to leadership team

ALICE URIBE  |  THURSDAY, 22 MAY 2014
Managed account provider OneVue has made more additions to its executive team in the run up to its IPO, adding two new senior executives. Former head of compliance at IOOF Thomas Robertson has been appointed as head of corporate services and former ...

PROFILE: netwealth head of advice Simon Micallef

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
Business and soccer have been parallel careers for netwealth head of advice Simon Micallef, and he has been moving swimmingly from one to another. But despite his love of the worldA game, he admits to Laura Millan that Australia will get its financial ...

YBR acquires mortgage aggregator for $17.6 million

ALICE URIBE  |  MONDAY, 19 MAY 2014
Wealth management firm Yellow Brick Road (YBR) has received irrevocable acceptance from all 24 shareholders in Vow Financial Holdings for its offer to acquire 100% of the mortgage aggregator. The offer valued Vow at $17.6 million and shareholders have ...

NAB wealth division reports flat earnings

LAURA MILLAN AND AAP  |  THURSDAY, 8 MAY 2014
The National Australia Bank (NAB) wealth division has reported flat earnings in the first results following the appointment of Cameron Clyne as chief executive. NAB Wealth cash earnings were $174 million for the half year ending on March 2013, the company ...

BT Financial Group posts 21% profit rise

MARK SMITH  |  MONDAY, 5 MAY 2014
The performance of BT Financial Group has boosted Westpac Group's half-year results, with the division reporting cash earnings of $438 million, a 21% increase on the same period last year. BT Financial Group chief executive Brad Cooper attributed the ...

Macquarie Bank names managing director

MARK SMITH  |  FRIDAY, 2 MAY 2014
Mary Reemst will replace Greg Ward as managing director and chief executive of Macquarie Bank from 1 July. Reemst has been with the company for 15 years and is currently head of credit in the risk management group, a role she has held for the past 11 ...

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
An 11% increase in ANZ's global wealth division's profit has contributed to the banking group's strong overall half-year result. In an announcement on the Australian Securities Exchange (ASX), the group reported a 15% climb in statutory profit to $3.4 ...

Over 50s want to work longer, survey finds

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
Employer attitudes towards older people in the workforce are improving as employees show a willingness to work longer, according to a study commissioned by the Financial Services Council (FSC). The report, which was conducted by Kreab & Gavin Anderson ...

Market Wrap

AAP  |  FRIDAY, 11 APR 2014
Australian stocks are giving up many of the week's gains in response to a technology sector driven slide on Wall Street overnight. IG markets strategist Chris Weston said the sell-off in the US was driven by a plunge in tech stocks, which have fallen ...