Life sale prompts Suncorp bonanza
Suncorp has kicked off a $600 million capital return to investors with a special dividend.
Suncorp has kicked off a $600 million capital return to investors with a special dividend.
Wealth management firms have never been under such rigorous scrutiny.
Washington H Soul Pattinson chief executive Todd Barlow has shrugged off its placement on Norge Bank’s exclusion list.
Beleaguered wealth group AMP has taken action on executive pay by axing bonuses for all but one executive for 2018, cancelling unvested share awards and cutting director fees.
Westpac Bank’s decision to exit its loss-making financial planning unit was broadly supported by analysts yesterday.
NAB has tapped executive search firm Russell Reynolds to head the global hunt for a CEO to replace Andrew Thorburn.
Embattled AMP’s new wealth management boss, Alex Wade, is confident of the group’s loing-term future.
Westpac’s retreat from the financial planning industry will see tens of thousands of advice customers displaced.
Westpac’s wealth restructure will see top executives depart and about 900 jobs lost as planners move to a boutique firm.
Westpac is set to decide the fate of its planning unit and dealer groups this week as it inches toward a deal with Viridian.
Original URL: https://www.theaustralian.com.au/author/joyce-moullakis/page/181