Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 100+ results for "Westpac"
Junk insurance lands Westpac in court
KARREN VERGARA  |  THURSDAY, 8 APR 2021
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...
Hostplus wins mandate
KANIKA SOOD  |  TUESDAY, 6 APR 2021
... superannuation funds including both industry funds like AustralianSuper and UniSuper, and corporate funds like Qantas Super and Westpac Staff Super. Hostplus had $47.8 billion in funds under management as at 30 June 2020.
Risk inflows stagnant, satisfaction varies
ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... Members' Interests First legislation. Despite this, AIA Australia recorded 27.3% growth followed by QInsure at 3.8%. BT/Westpac recorded a negative result of 96.2%. "It should be noted that individual company growth can be significantly impacted by super ...
DDO to simplify general, personal advice
ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... is being provided." The discussion comes after the High Court affirmed the Federal Court's 2019 decision that two Westpac subsidiaries provided unlicensed personal financial advice. "The High Court has provided clarity concerning the differences ...
ABC, ISH arrangement faces scrutiny
KARREN VERGARA  |  MONDAY, 29 MAR 2021
... Falinski added, how much the correspondent is getting paid, or the terms and conditions of the agreement. If this was Westpac, AMP or CBA or any other institution, Falinski said he had no doubt that APRA and ASIC would be all over them like a "ton of ...
K2 Asset Management co-founder exits board
KANIKA SOOD  |  MONDAY, 29 MAR 2021
... management at Equity Trustees. Boubouras has also held senior roles at HSBC Global Asset Management, Macquarie Group, Westpac, NSW Treasury and UBS (then SBC). Newman owns about 13.4 million KAM shares, according to his final directors' interest ...
Westpac considering NZ demerger
ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
Westpac has revealed it is in the early stages of reviewing the feasibility of its 160-year-old New Zealand division as capital requirements ramp up. Westpac noted the NZ business continues to perform well but the regulatory requirements in New Zealand ...
RBNZ puts Westpac on notice
ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
The Reserve Bank of New Zealand (RBNZ) has instructed Westpac New Zealand (WNZL) to hold additional liquid assets and commission independent reports into its risk governance and liquidity risk management. The RBNZ has instructed that the first independent ...
Brian Hartzer to release leadership book
ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
Former Westpac chief executive Brian Hartzer will release a professional development book on effective leadership in April. The leadership star: A practical guide to building engagement is due out next month, presents a five-point framework developed ...
ANZ, CBA settle class action
ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... commenced in 2016 in the United States District Court for the Southern District of New York against ANZ, CBA, NAB and Westpac and other global banks. The class action alleged the banks conspired to fix the prices of BBSW-based derivatives. Both ANZ and ...
PREVIOUS
NEXT
Link to something 3YD4aJWv