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Showing 1 - 10 of 124 results for %22Plum Financial Services%22

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... and higher operating costs announced at yesterday's 2023 annual general meeting. The wealth platform updated its financial outlook indicating that its average revenue margin has decreased from 0.27% in the second half of the previous financial year ...

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... dropped 66.3% to $67.4 billion, down from the $200 billion it reported at December end. A spokesperson for HSBC told Financial Standard that Australia remains an important market to its custody franchise, saying "it is not unusual to see rankings shift ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... corporate and institutional wealth at NAB Wealth from 2009 to 2013; his responsibilities included leading Plum Financial Services and Jana Investment Advisors. Also part of the simplification, AMP has combined the roles of chief financial officer and ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... than previously anticipated following stronger economic data, said Federal Reserve chair Jerome Powell before the House Financial Services Committee. Providing testimony yesterday, Powell explained the Fed will continue to make decisions "meeting by ...

Allianz Retire+ chief steps down

ANNABELLE DICKSON  |  TUESDAY, 13 JUL 2021
... chief executive of Allianz Retire+ and oversaw the launch of the first product, Future Safe. At the time, Rady told Financial Standard Allianz Retire+ was his "biggest challenge yet". Future Safe was launched to meet the needs of retirees by providing ...

Key AMP executive resigns

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... Bourguignon spent over nine years at NAB, her most recent roles there oversaw corporate super, and led Plum Financial Services and MLC group insurance. When AMP announced the restructure of its business units in October 2019, combining the banking and ...

New AMP Australia chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... led the corporate and institutional wealth business at MLC/NAB Wealth, including leading subsidiaries Plum Financial Services and Jana Investment Advisers. During Hartley's time at Sunsuper, the industry fund grew to be the fourth largest in the ...

VFMC chief joins ING board

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... Australia's board on September 21. She has 30 years of experience with senior executive roles at NAB, MLC, Plum Financial Services and AXA. Gray started her second term as chief executive of VFMC in February 2019, in an appointment that needs approval ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... which the investment giant says will have a "material impact" on the group's revenue and expense profile over the next financial year. Trillium now represents 20% of Perpetual Investment's FUM. Perpetual chief executive and managing director Rob Adams ...

Finance employees remain fearful

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... have numerous concerns on the risks of returning to the office. According to LinkedIn's Workforce Confidence Index, the financial services sector ranked second in terms of individual confidence, which encompasses workers' ability to get and keep a job ...
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