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PHILIP CHRONICAN
Superannuation
As superannuation funds grow in assets, NAB chief executive, Ross McEwan, is concerned they will hold excess influence over firms as large shareholders in the future....
Financial planning
National Australia Bank group chief executive Ross McEwan has confirmed the banking sector will be a less attractive sector for dividends in the aftermath of the COVID-19...
Financial planning
The bank experienced a 10.8% reduction on cash earnings in FY19 due to spending $1.1 billion on customer remediation and had changes in its software capitalisation policy...
Funds management
There will be no pay increases or bonuses this financial year for National Australia Bank’s most senior executives....
Financial planning
These charges were mainly for wealth and insurance-related matters and adviser service fees paid to self-employed advisers....
Financial planning
National Australia Bank has revealed it is expecting to have to provide further provisioning around client remediation for adviser service fees for self-employed advisers...
People & Products
NAB has appointed Susan Ferrier as group chief people officer, commencing 1 October 2019, subject to regulatory approvals....
People & Products
Philip Chronican will retire from his as chair of the TCorp board, effective 30 September 2019....
Financial planning
NAB has delivered disappointing half-year results, announcing dividends down to 83 cents per share for the period, as compared to 99 cents for the corresponding period ea...
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...