NAB foreshadows leadership changes
National Australia Bank has entered a trading halt ahead of announcing leadership changes.
The big banking group announced a pause on the Australian Securities Exchange shortly after 3pm and followed it up with a formal statement regarding impending leadership changes.
Speculation has swirled around the future of chief executive, Andrew Thorburn, following adverse references in the final report of the Royal Commission into Misconduct in the Banking Superannuation and Financial Services Industry.
Recommended for you
A financial advice firm has seen a weekly decline of 10 advisers, with all moving to a new licensee, while Centrepoint Alliance continues its “growth story”.
Sequoia Financial Group has seen a top-level reshuffle as the chair of the board, John Larsen, steps down after five years in the position.
As statements of advice move into the rear-view mirror, Vital Business Partners explores how financial advisers are adopting innovative documentation strategies.
Adviser Ratings has explored whether there is a financial benefit to advice firms seeking to have a specialised client base in terms of client assets and fees charged.