National Australia Bank has appointed Andrew Hagger, group executive NAB Wealth, as the chairman of JBWere. The NAB-owned advisory group and wealth manager has recently formed strategic alliances with UBS and Moelis Australia to broaden its advice and investment offerings. Prior to joining NAB in 2008, Hagger spent 21 years at PricewaterhouseCoopers in various roles. Finsia has launched its 2016 scholarship program, offering four scholarships worth a total of A$150,000. The Ignite Leadership Scholarship, worth $10,000, is for people under 35 and offers the opportunity to participate in an Institute of Executive Coaching and Leadership program. The High DT Williamson Scholarship, worth $16,500, allows the winner to complete a leadership program of their choice. The Australis Project Management Scholarship (five awarded, each worth $12,500) funds a Diploma of Project Management. And the Finsia-Monash MBA Scholarship, worth $61,200, funds an MBA at Monash University. Applications are open to Finsia members. Westpac is reviewing the commissions it pays to mortgage brokers, the Australian Financial Review reports. The move has angered brokers, who believe the bank intends to reduce commission rates. Westpac said in a letter to brokers that it wanted to align commissions to "good consumer outcomes". Westpac's review coincides with an ASIC review of broker commissions.