NAB has stated it expected to cut 6,000 jobs by 2020 as it looked to automate the business, while its FY18 expenses expected to grow....
Industry Super Australia has accused the big banks and retail super funds of deliberately confusing consumers by offering them too many super choices....
The Australian Securities and Investments Commission wants its new product intervention power to have enough teeth to preclude participants in the financial services food...
Managed Accounts Holdings Limited has today announced its raising of $34 million to part fund the acquisition of Linear Financial Holdings....
The practical complexities of the $1.6 million transfer balance cap for SMSFs could be more far-reaching than additional reporting requirements, writes Fabian Bussoletti....
Emerging markets and Asia-focused managers soar in popularity at the expense of the US, according to bfinance....
Diversification has replaced growth as the primary driver in asset allocation, according to a Schroders survey....
GreenZone Australia co-founder Geoff Rimmer has drawn attention to confidence issues planners face with establishing their own AFSLs....
ASIC has continued its work on the improvement of transparency and comparability of fees and costs for managed investment and superannuation funds....
The Australian Bankers’ Association has sought to limit the extent to which bank executives can be punished for the actions of others under the Bank Executive Accountabil...
Consumer group Choice has joined with the Consumer Action Law Centre to argue the Bank Executive Accountability Regime should be extended to all financial services execut...
The Financial Sector Union has demanded to meet with NAB chief executive, Andrew Thorburn to discuss its plans to slash 6,000 jobs by 2020....
The cost of delivering financial advice has increased dramatically over the past 10 years largely owed to scandals and the belief of politicians that increased regulation...
Robert Ross looks at the harsh realities which make delivering advice around aged care so challenging....
Mike Taylor writes that with the sale of CommInsure, the pending sale of the ANZ life insurance business and the looming full implementation of the Life Insurance Framewo...
The meteoric rise in the popularity of exchange traded funds is undeniable but it has its naysayers. Meanwhile, there are abundant opportunities for planners, Malavika Sa...
Bryan Ashenden discusses the lingering uncertainty under the incoming higher educational and professional standards and what this means for existing advisers....
Premium China Fund’s Jonathan Wu explains the differences between Australian and Chinese perspectives on funds management....
Green bonds have developed rapidly in the last decade but continues to suffer from a lack of uniformity in definitions and standards across different countries, Chloe Cho...
Outsider knows how often financial planners get the rough end of the pineapple when blame is being shoved around, and so he has a modicum of sympathy for a certain US fin...
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...