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Showing 71 - 80 of 3452 results for "Westpac"

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
APRA has removed Westpac's liquidity add-on after finding it breached prudential standards. The 10% add-on was applied to the net cash outflow component of Westpac's liquidity coverage ratio (LCR) and will no longer be included from today. In a statement ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify the causes of underperformance and set about working to correct it. It must also ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
... extension to the adviser levy freeze. The figure is the total from ASIC show AMP, ANZ, Commonwealth Bank, Macquarie, NAB and Westpac's respective remediation programs that were commenced following the regulator's reviews into fees for no service and ...

TAL completes acquisition of Westpac Life

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
TAL Dai-ichi Life Australia Pty Limited has completed its acquisition of Westpac's life insurance arm, almost one year after it was announced. From today all of Westpac's life insurance business and existing policies will transfer over to TAL Group. ...

Perpetual Private hires from MLC, MetLife

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
... where he was head of employee benefits sales, based in Dubai. He has previously spent more than a decade in banking across Westpac and BT. "Matt has a successful track record over close to 20 years in banking and finance having worked across a number ...

Payton Capital expands to Sydney

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
... in debt management and investment, having worked in the finance industry for over 14 years with organisations including Westpac, HSBC, and Citi. Luke Hills takes on the role of relationship director, responsible for loan origination and business development ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... Financial Conduct Authority (FCA) is bolstering its leadership team with six new appointments, including former ASIC and Westpac senior executive Camille Blackburn as director of wholesale buy-side. Blackburn will join the FCA in October from Legal & ...

That's a wrap for the BT Wrap

CASSANDRA BALDINI  |  MONDAY, 4 JUL 2022
... innovation. From our perspective, it ensures advisers can work with us in a digital sense... it's advice efficiency," he said. Westpac and BT are currently hunting a buyer for the Panorama platform. The bank has previously said it expects to announce ...

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
State Super has added to its board, appointing a former Commonwealth Bank and Westpac executive. Cathy Yuncken joined the State Super board last month, adding more than 30 years' experience in financial services. She is currently managing director of ...

Westpac outlines new social initiatives

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... initiatives have a strong focus on women's financial security, including increasing home ownership rates among females. Westpac has expanded eligibility for its existing Lender's Mortgage Insurance (LMI) Waiver to include more health professions. The ...