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Showing 981 - 990 of 2859 results for "Division"

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
HSBC Australia is shuttering its retail financial advice division. The closure follows a strategic review and HSBC Australia did not disclose how many staff members are affected. A HSBC spokesperson said: "We have ceased offering retail financial planning ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... Macquarie will axe the payment of grandfathered commissions to financial advisers working within its wealth management division. Following BT Financial Group's lead, Macquarie has said it will discontinue the practice of advisers within its private bank ...

US investment giant acquires global fund manager

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... wholesale and institutional clients. It also represents $633 billion through its Hermes Equity Ownership Services (EOS) division. Hermes chief executive Saker Nusseibeh said: "Today, Hermes joins with Federated to form a truly global asset manager dedicated ...

AMP Capital promotes real estate talent

JAMIE WILLIAMSON  |  MONDAY, 2 JUL 2018
AMP Capital has promoted several members of its real estate investment team to leadership roles. Kylie O'Connor has been named chief operating officer for real estate, managing the division's group-wide finance, strategy, research, governance ...

Wealth firms merge for growth

JAMIE WILLIAMSON  |  MONDAY, 2 JUL 2018
... office, accounting, wealth creation, legal and superannuation specialist. Morrows will now house an experienced auditing division while MSI Ragg Weir can now access strong financial planning and legal capabilities. Morrows chair and director Murray Wyatt ...

Prominent executive links with VFMC board

HARRISON WORLEY  |  FRIDAY, 29 JUN 2018
... managing director, serving for more than 10 years in the role before most recently leading the firm's consulting division. She is also a director at Link Administration. VFMC chair James MacKenzie highlighted the industry experience Trafford-Walker ...

ASIC takes civil action against AMP

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
... The corporate regulator has commenced Federal Court proceedings against AMP Financial Planning (AMPFP), alleging the division of the recently scrutinised mutual failed to ensure its authorised financial planners complied with the best interests duty ...

Willis Towers Watson bolsters senior management

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
Willis Towers Watson is expanding its local senior management with the appointment of a former Funds SA portfolio manager. Fresh from an 11-year career with Funds SA, Simon James has linked with the global consulting firm as its new Australian head ...

YBR offloads legacy wealth subsidiary

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... recurring revenues - impacting about 150 private clients. YBR said the decision to sell is based solely on the YBR Wealth division focusing on the scale provided by the YBR branch franchisee and Vow adviser and broker network, and other platforms. INPRO ...

Parametric expands alternative risk premia offering

KANIKA SOOD  |  TUESDAY, 26 JUN 2018
... foreign exchange commissions and taxes." Parametric has $310 billion in assets under management globally. Its Australian division is a majority-owned subsidiary of Eaton Vance Corp.