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Showing 71 - 80 of 146 results for "NAB Wealth"

NAB appoints new chair

ALEX BURKE  |  THURSDAY, 7 MAY 2015
... of CET1 capital via a reinsurance arrangement with "a major global insurer". As a result, NAB expects a reduction in NAB Wealth cash earnings (currently up 28.2% to $223 million) of "approximately" $25 million per annum.

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... global wealth Joyce Phillips. National Australia Bank (NAB) chief executive Andrew Thorburn and group executive of NAB Wealth Andrew Hagger will also face a Senate grilling, along with Commonwealth Bank (CBA) chief executive Ian Narev and wealth management ...

NAB searching for Godfrey Pembroke GM replacement

LAURA MILLAN  |  MONDAY, 13 APR 2015
... group in August 2013, when former general manager Peter Smith took over the role of manager of advice partnerships at NAB Wealth. NAB did not reveal the reason behind Allen leaving the dealer group, which currently has 173 advisers and $6.2 billion in ...

REST appoints former NAB general manager

ALEX BURKE  |  FRIDAY, 13 MAR 2015
... Andrew Howard held several other management positions at the bank, including general manager of people and culture at NAB Wealth and MLC Insurance general manager of group and direct insurance. Before that he was director of integration and manager product ...

Hagger defends NAB advice, brushes off independent review

ALEX BURKE  |  MONDAY, 9 MAR 2015
NAB Wealth chief executive Andrew Hagger has defended the bank's internal advice review processes to the Senate economics references committee. When asked by the committee why only eight serious process breaches were reported to ASIC - despite recent ...

Medcraft addresses ASIC's NAB response

ALEX BURKE  |  THURSDAY, 26 FEB 2015
... statement to the Senate Economics Legislation Committee, ASIC chair Greg Medcraft addressed the recent media coverage of NAB Wealth's compensation to its advice clients. "We have started our information gathering from NAB Wealth using our formal legal ...

Advisers need to spell out actual retirement outcomes

ALEX BURKE  |  THURSDAY, 26 FEB 2015
Clients need to understand what kind of retirement income their superannuation savings will allow, according to NAB Wealth general manager of retirement solutions Andrew Barnett. Speaking at the MLC Investment Trends 2014 Retirement Income Report roundtable ...

Nationals pressure Treasury for RC into white collar crime

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... revelations by Fairfax that ASIC allowed National Australia Bank (NAB) to alter a media release about a "system error" in NAB Wealth's Navigator platform that affected thousands of customers. Over the coming days, the terms of reference will be discussed ...

NAB denies failing advice clients

ALEX BURKE  |  MONDAY, 23 FEB 2015
NAB Wealth has responded to media allegations of professional misconduct. After Fairfax Media published reports suggesting "forgery" and "rogue advisers" were rife within NAB's financial advice arm, NAB Wealth group executive Andrew Hagger said in a ...

NAB kick starts self-employed advice channel

LAURA MILLAN  |  TUESDAY, 10 FEB 2015
... expect that the number of advisers who choose this business model will increase significantly over the coming months," NAB Wealth group executive Andrew Hagger told Financial Standard. NAB has plans to introduce the offer to the external market in the ...