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Search ResultsShowing 1 - 10 of 100+ results for "National Australia Bank"
MLC Wealth risk lead departs
ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... forged strong relationships, learned much and grown exponentially as a risk professional." She had been at National Australia Bank for almost five years, starting as head of risk and transformation in 2016. Prior to that, Pryor was general counsel and ...
NAB fined over fees for no service
ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The Federal Court of Australia has fined National Australia Bank $57.5 million over deceptive and misleading conduct. The proceedings commenced in 2018 and were initially brought by ASIC against NAB units NULIS and MLC Nominees for the charging of plan ...
Advice remediation tops $1bn
ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
AMP, ANZ, Commonwealth Bank, Macquarie, National Australia Bank and Westpac have paid or offered a total of $1.05 billion in compensation to customers as a result of fee for no service, misconduct and non-compliance advice, according to ASIC. ASIC said ...
AMP hires risk lead
ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
... risk, superannuation, retirement and platforms. Justine Gorman will step into the role, joining AMP from National Australia Bank where she was head of risk, wealth transformation program. Gorman spent approximately two and a half years at APRA as principal ...
Cash earnings fall, MLC sale pending: NAB
ALLY SELBY  |  FRIDAY, 14 AUG 2020
National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business. While a public market exit for the ...
Synchron compliance lead resigns
ELIZABETH MCARTHUR  |  WEDNESDAY, 12 AUG 2020
... worked as a compliance manager at IFM Investors and senior compliance officer, fraud prevention officer at National Australia Bank. Hanna Abdullah will step into the position of head of compliance - policy and regulatory, working alongside Alison Massey ...
Chief economist update: Forecasting is futile
BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
Be afraid... The National Australia Bank's (NAB) business confidence index dropped to a reading of -14 in July from zero in the previous month. "Confidence fell in all industries led by mining which saw a sharp decline. With the exception of retail ...
Advice firm partners with mortgage aggregator
ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... Zaglas has been chief executive of Encore for two and a half years after an almost decade long career with National Australia Bank. The FAMS partnership with Loan Market will mean the business has access to Loan Market's technology. "We seek out businesses ...
Debt vulture crackdown welcome
ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... businesses or individuals that claim to assist those struggling with debt but actually rake in big fees. National Australia Bank said it will no longer deal with unlicensed, fee-charging debt management provides. "Debt vultures exploit loopholes in the ...
Almost 2000 advisers gone so far in 2020
ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
The first half of 2020 has seen almost 2000 financial advisers leave the industry amid a time of flux for the sector. In January, the ASIC Financial Adviser Register showed 23,682 active advisers, but now the register shows 21,913 advisers. That's ...
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