Articles tagged with 'National-Australia-Bank'

AXA positions on fee-for-service

9 March 2010 | AXA chief executive Andrew Penn has revealed the degree to which the company is positioned to handle regulatory change and a fee-for-service environment.


Money Management 4minutes

24 February 2010 | The only dedicated multimedia news bulletin for the financial advice industry. 7 days of news in under 4 minutes. Proudly sponsored by Macquarie.


New funds support Challenger result

22 February 2010 | Challenger Financial Services Group has reported a profit upgrade for the first half of 2009-10, supported by inflows into its Guaranteed Income Funds and boutique investment funds.


Examining industry consolidation

22 February 2010 | Mike Taylor looks at the ACCC's report on NAB's and AMP's bids for AXA Asia Pacific, as well as industry consolidation in general.


AXA AP posts solid result

17 February 2010 | AXA AP signals growth agenda with or without acquisition.


Money Management 4minutes

17 February 2010 | The only dedicated multimedia news bulletin for the financial advice industry. 7 days of news in under 4 minutes. Proudly sponsored by Macquarie.


Strategic jockeying amid industry consolidation

08:00 AM | The executive chairman of Count Financial, Barry Lambert, recently demonstrated the degree to which consolidation has become a focal point in the Australian financial services industry. Mike Taylor reports.


Centric determined to keep ahead of the pack

08:00 AM | Centric chairman Philip Kelly spoke with Lucinda Beaman about the industry and his plans for 2010.


ACCC concerned about NAB bid for AXA AP

11 February 2010 | The ACCC has raised concerns about NAB's bid for AXA Asia Pacific, focusing on the platform market.


ACCC to release report on AMP bid for AXA AP

10 February 2010 | The ACCC will release its findings on AMP’s now defunct bid for AXA AP today. The report is expected to give an indication of the areas of concern that may affect the NAB bid.


Big banks dominate life

9 February 2010 | New analysis developed by Credit Suisse has revealed the degree to which industry consolidation has seen the big banks dominating the life insurance sector.


ACCC focuses on implications of NAB bid for AXA

8 February 2010 | While AMP has formally acknowledged the end to its initial strategy to acquire AXA Asia Pacific, the competition regulator is reported to be examining the platform market implications of NAB’s bid.


PIS looking for a silver lining

8 February 2010 | Professional Investment Services had a rough ride throughout the global financial crisis. Lucinda Beaman spoke with chief executive Robbie Bennetts about the company’s future.


MLC's adviser expansion drive

4 February 2010 | National Australia Bank owned dealer group MLC is building a team of 10 staff to recruit advisers from other dealer groups as it seeks to take the lead in the game of scale.


MLC appoints former Aviva exec to key insurance role

2 February 2010 | MLC reconfirms its focus on the retail life insurance market through the creation of a new role for former Aviva executive Frank Lombardo.


Financial services companies scale back political donations

2 February 2010 | Financial services companies scaled back political donations last fiscal year, according to the latest data from the Australian Electoral Commission.


Big four throw their weight around

1 February 2010 | The global recession generated by the sub-prime crisis has served to reinforce the dominance of Australia’s major banks across almost all segments of the nation’s financial services industry, yet the Australian Competition and Consumer Commission (ACCC) appears relatively unconcerned, writes Mike Taylor.


Banks tighten grip on platforms market

1 February 2010 | While much of the debate around NAB/MLC’s acquisition of AXA Asia Pacific has focused on who controls which dealer group, Mike Taylor argues that control of the platforms represents a much bigger issue.


AXA acquisition key to retail super crown

29 January 2010 | New analysis published by Citi Group has revealed the degree to which National Australia Bank's acquisition of AXA Asia Pacific would change the shape of the retail superannuation market.


Banks carve up platform market

28 January 2010 | Control of the Australian platform market has nearly halved in the past four years to be dominated by three of the nation's big four banks, a situation that would be exacerbated if the ACCC approves NAB's bid for AXA Asia Pacific.


ABA appoints new chief executive

25 January 2010 | Steven Munchenberg has been appointed as the new chief executive of the Australian Bankers’ Association (ABA), starting from March 8.


NAB completes due diligence on AXA

22 January 2010 | With the due diligence hurdle crossed, regulatory issues remain for NAB on its AXA APH bid.


AXA APH expects profits to exceed forecasts

22 January 2010 | AXA Asia Pacific Holdings' (AXA APH's) 2009 profit is likely to exceed current forecasts, with profit after tax and non-recurring items at about $675 million, according to an ASX announcement released yesterday.


ACCC should focus on jobs in NAB proposal

21 January 2010 | Employment issues should be considered alongside competition in the acquisition of AXA AP.


Global economic recovery on track

12 January 2010 | Global economic recovery looks set to continue and is on its way to becoming self sustaining, according to the latest weekly economic and market report from AMP Capital Investors.


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1MMFPAAFAmerger Do you support a merger of the Financial Planning Association and the Association of Financial Advisers?
 
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