WEALTH MANAGEMENT

Funds management

The Westpac Bank has agreed to pay $36 million to buy a 51 per cent stake in specialist alternative asset manager, Hastings Funds Management....

Financial planning

Tower Limited group chief operating executive Ken Boag will leave the group at the end of next week after the announcement last week that the group’s wealth management an...

Financial planning

Western Australian credit unions, State West and Health Credit, will merge their financial planning arms as part of a wider merger of the two groups....

Funds management

The funds management and banking sectors have been in an acquisition frenzy during the past two years, fulfilling the industry prophecy of rationalisation. FIONA MOORE ta...

Financial planning

MLC has dedicated 150 of its staff to formulate the design of a project to utilise the $200 million committed to the group’s wealth management operations by National Aust...

Financial planning

HISTORY does not repeat itself. Business cycles, market trends and business opportunities, if missed 10 years ago, do not represent themselves for a second bite of the ch...

Financial planning

The Tower group has announced it will make a strategic exit from the life insurance market in China in order to concentrate on its Australian wealth management operations...

Financial planning

Eighty-four per cent of Australians earning over $50,000 per year do not have a formal investment plan for the future, with 50 per cent relying on financial media and soc...

Funds management

The National Australia Bank (NAB) delivered its six month results to March 31, 2002 yesterday, reporting a net profit from core operations of $2,156 million, up by 15 per...

Financial planning

Westpac has experienced a 10.2 per cent rise in half year net profit it said today and confirmed it had reached agreement to sell its consumer finance business AGC to GE ...

Financial planning

Westpac and Rothschild Australia Asset Management will combine their funds management businesses to form a new organisation, following the announcement yesterday of Westp...

Funds management

The National Australia Bank (NAB) will reinvest $200 million into its Australian wealth management division over the next three years as part of its Positioning for Growt...

Funds management

The National Australia Bank (NAB) will invest $200 million into its Australian Wealth Management division during the next three years, with the aim to create a market lea...

Financial planning

New Zealand-based financial services group Tower is banking on the performance of its Australian wealth management operations in a bid to stave off the discontent of its ...

Financial planning

New Zealand-based financial services group Tower is banking on the performance of its Australian wealth management operations in a bid to stave off a growing level of dis...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month 3 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month 3 weeks ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

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The Reserve Bank of Australia has made its latest rate call, with only two more meetings left for 2024....

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Financial advisory group AZ NGA has announced a strategic partnership with a $294 billion global investment manager to support its acquisition plans....

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