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Miscreant NAB planner was business banker

National Australia Bank has confirmed that a planner who forged client initials on binding death nomination documents had been recruited out of the bank’s business banking arm.

Gaps and loopholes confirmed in financial services regulation

A letter from the Australian Information Commissioner has confirmed the existence of exploitable gaps and loopholes in the Australian financial services regulatory regime.

Meller steps aside amid Royal Commission fall-out

AMP chief executive, Craig Meller has emerged as the first victim of the Royal Commission fall-out.

Morrison references jail option for Royal Commission miscreants

The Federal Treasurer, Scott Morrison has raised the prospect of jail time for miscreant financial services executives exposed at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

Royal Commissioner cautions AMP

Royal Commissioner, Kenneth Hayne has cautioned AMP Limited over the possible outcome of evidence suggesting the AMP Board may have been complicit in amending a report presented to the Australian Securities and Investments Commission as being independent.

LATEST NEWS

Is vertical integration the real problem?

24 April

News

Planning firm employee impersonated client

A staffer of financial planning firm Henderson Maxwell has been confirmed as having impersonated a client when...

AMP has today announced the launch of a series of new features to AMP Elevate insurance to increase flexibility of offerings.

24 April

News

Slater & Gordon lines up AMP class action

Law firm Slater and Gordon has signalled its intention to pursue a Class Action against AMP Limited over issues...

24 April

News

Failures led to NAB executive bonus cuts

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has been told...

Apr 5 2018 - 7:00am

The Beginning of the End?

The global expansion is either nearing its demand-driven peak or in the early stages of a supply-driven...

24 April

Funds management

Vanguard picks up 5% of AMP Limited

Major investment house Vanguard has revealed it has picked up a 5.01 per cent stake in AMP Limited.

24 April

Funds management

Dividend policy shows benefits of diversification

The potential consequences of Labor’s dividend franking policy highlight the need for income-seeking investors to...

24 April

Financial planning

More Australians turning to mortgage brokers

An increasing number of Australian home buyers are seeking the services of professional mortgage brokers, new data...

Apr 4 2018 - 6:00am

Managing annuity provider risk

Professor David Babbel discusses the type of factors that should be considered, when selecting an annuity provider.

24 April

People & Products

Robo-advice platform powers financial advice firm Collins House

Robo-advice platform Clover.com.au has entered an agreement to provide online financial advice to private wealth...

24 April

Funds management

FIIG Securities expands team

FIIG Securities has appointed Anne-Marie Hunter-Brown as its new markets business manager.

24 April

Funds management

Legg Mason fund added to CFS FirstWrap

The Legg Mason Western Asset Macro Opportunities Bond Fund has been added to the Colonial First State FirstWrap...

Mar 28 2018 - 8:00am

Experience the agility of a managed accounts strategy

The managed accounts industry has been growing exponentially. If you want to offer your clients a world of...

Equity Trustees has reported a solid half at the same time as announcing former TAL chief executive, Jim Minto is joining its board.

23 April

Funds management

Centuria appoints new head

Centuria’s Investment Bonds division has appointed Michael Blake as the new head of Centuria Life, following the...

The former directors of Avestra Asset Management Ltd, Paul Rowles and Clayton Dempsey, have been disqualified from managing corporations and providing financial services.

23 April

Financial planning

Trial firm investigating class action against AMP

Litigation firm Quinn Emanuel Urquhart & Sullivan is investigating bringing a class action against AMP on...

23 April

News

ANZ ‘exited’ or ‘performance managed’ 71 planners

The ANZ Banking Group has confirmed it has ‘exited’ or ‘performance managed’ 71 planners in the past 12 months.

Cash - Australian Dollar

	Fund	3y(%)
1	BT Institutional Stable Cash Plus	11.57
2	Macquarie Diversified Treasury	3.26
3	Macquarie Diversified Treasury AA	2.86
4	Mercer Cash Term Deposit Units	2.14
5	Macquarie True Index Cash	2.12