ABA

Financial planning

Banks are on track to meet their 2020 deadline to overhaul staff pay, a new report by former public service Commissioner, Stephen Sedgwick, has said. ...

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Policy & Regulation

The Australian Baking Association has warned that new Design and Distribution laws may result in bank staff being mistaken for advisers....

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Financial planning

The Australian Banker’s Association has confirmed that the total cost of fee for no service remediation could exceed $1 billion....

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Financial planning

After Royal Commission testimony revealing banks charged deceased clients fees, the Australian Banking Association has announced reforms to the Banking Code of Practice t...

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Policy & Regulation

The new Banking Code of Practice should be adopted across the entire industry, including credit unions, building societies and other lenders, according to the Australian ...

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Policy & Regulation

ASIC has approved the Australian Banking Association’s new Banking Code of Practice following an independent review and stakeholder consideration....

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Financial planning

The Australian Banking Association has welcomed the Federal Government’s decision to create a national register of power of attorney orders, but says that more is needed ...

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Policy & Regulation

Industry bodies are calling on the Attorney-General to take action on financial abuse. ...

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Financial planning

The Australian Banker’s Association has backed extracting product recommendations from the delivery of advice....

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Policy & Regulation

The major backers of establishing an Australian Financial Complaints Authority have welcomed passage of the necessary legislation through the Parliament....

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Policy & Regulation

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...

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Policy & Regulation

The Australian Bankers’ Association has responded to the former auditor general’s report on the banks’ six reform initiatives....

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People & Products

The ABA would nominate ANZ chief executive, Shayne Elliott as next chairperson succeeding NAB’s Andrew Thorburn. ...

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Policy & Regulation

The Australian Bankers’ Association has criticised the Western Australian government over reports of a possible bank levy to balance GST....

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Financial planning

The ABA is working towards making banks provide clearer and more accessible information on how to close accounts. ...

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Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

4 days 20 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 5 days ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 5 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago