NAB chief executive, Andrew Thorburn, has defended some fees for no service charged by the bank as a “process issue” rather than dishonesty, as he came under fire at the ...

Westpac chief executive, Brian Hartzer has acknowledged that the big banking group is ‘thinking through’ the future of its advice business....

At the same time as confirming Westpac has lost around half its authorised representatives since 2015 the bank’s chief executive has also confirmed a proposed industry so...

Westpac chief executive, Brian Hartzer has confirmed that senior executives within BT Financial Group suffered significant remuneration consequences for issues raised at ...

Counsel assisting the Royal Commission has pointed to serious breaches within the major banks while suggesting many of the issues surrounding industry funds can be dealt ...

The Royal Commission has acknowledged that the Australian Securities and Investments Commission wants more powers but has questioned whether it has ever used all the powe...

ASIC deputy chair, Peter Kell, has admitted to the Royal Commission that while the regulator has not paid enough attention to grandfathered commissions in the past, it is...

The Royal Commission has been told that the AMP Super trustee had little or no knowledge of what AMP advisers were doing in relation to recommending superannuation produc...

National Australia Bank and MLC Limited were prepared to rely on the attestations of their financial advisers to help determine whether to refund clients on the basis of ...

Counsel assisting the Royal Commission has directly questioned why IOOF managing director, Christopher Kelaher was not appearing at today’s hearings rather than the compa...

The Royal Commission has been told how Industry Super Australia received $500,000 from AustralianSuper for the ‘fox in the henhouse’ television advertising campaign after...

The Commonwealth Bank has conceded it should have acted more promptly in dealing with a breach notice covering orphan clients at Count Financial....