NAB

People & Products

MLC Life Insurance has appointed Rodney Cook as chief executive and managing director after an extensive search following the departure of David Hackett in January. ...

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People & Products

Managed funds services business Ausmaq is now known as Clearstream Australia after the competition of its acquisition by Clearstream. ...

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People & Products

It has appointed two investor directors as well as two hires to its newly-created external relations and investor analytics team. ...

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Superannuation

New details provided to a key Parliamentary Committee has revealed which superannuation fund trustee directors are being paid the most....

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Funds management

IML Investors has said it is reluctant to add exposure to the big four banks as it believes the risk/return in the sector is unappealing....

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Features

Mike Taylor writes that timing is everything and that while Westpac and ANZ have largely cleared their books of their wealth management businesses, the Commonwealth Bank ...

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Funds management

ANZ has reported a 51% decline in first half net profit to $1.55 billion with no decision on an interim dividend....

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Financial planning

National Australia Bank has taken a significant hit from COVID-19 related issues, with MLC Wealth also feeling the pain....

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Financial planning

NAB has moved to separate out MLC Wealth for financial reporting purposes as it continues to work its way through increasing remediation costs, including those covering N...

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Financial planning

The likelihood that businesses won’t restart and customers won’t be able to start paying down their mortgages have been factors in ratings house Fitch downgrading Westpac...

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People & Products

Perpetual’s Eric Armbrust will join Elston Asset Management, working with the adviser team on partnerships as the firm plans expansion into Melbourne....

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Funds management

The current state of market offers great opportunities for contrarian investors with a focus on fundamentals, Allan Gray’s chief investment officer said....

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Funds management

There have been mixed results for major listed financial groups in terms of volatility caused by COVID-19 with banks suffering least while firms such as OneVue and Challe...

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Funds management

Both Macquarie Bank and National Australia Bank have made the decision to withdraw their offers of capital notes....

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Funds management

The bank said it was in the best interest of stakeholders to withdraw the offer as market volatility was likely to impact the trading value of the notes....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks ago