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Financial planning
State and territory governments are being urged to adopt consistent power of attorney laws to prevent elder financial abuse, as they meet today regarding a scope for a na...
Financial planning
The Financial Planning Association has told the Australian Securities and Investments Commission the same reference checking protocols that apply to financial advisers sh...
Policy & Regulation
The corporate regulator has approved variations to the banking code of practice, including improving the definition of small business....
Financial planning
The value of deferred loans has fallen from $250 billion at its peak in June to $86 billion....
Financial planning
Almost half of deferred mortgages and small business loans have resumed, according to data from the Australian Banking Association (ABA)....
Financial planning
Banks are contacting customers for their six-month home loan deferral assessment to discuss the next stage of support and assistance....
Financial planning
The Australian Banking Association has announced two temporary changes to the Banking Code of Practice, which have been approved by the corporate regulator....
Financial planning
The Australian Banking Association has announced the banks’ readiness to support the JobKeeper program....
Financial planning
Australians who have been granted a deferral on their loan repayments will not have their credit rating impacted, so long as they were up to date with repayments prior to...
Financial planning
The Association of Financial Advisers has urged banks who loaned money to advisers to buy books of clients to show leniency....
Financial planning
More than two million Australians switched banks last year as competition grows between providers, according to the Australian Banking Association....
Policy & Regulation
The ABA has welcomed the Government’s timetable for legislative change, with eight of the 76 Royal Commission recommendations targeted at the banking industry....
Policy & Regulation
The Australian Banking Association has defended vertical integration and the ability of the major banks to self-regulate when it comes to ‘simplifying’ such structures....
Financial planning
The Australian Banking Association has called on both sides of politics to act on ending grandfathered commissions this year....
Financial planning
Elder financial abuse, violent relationships, and unexpected long-term illness are all issues that the Australian Banking Association hopes to address in its new vulnerab...
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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...
So we are now underwriting criminal scams?...