ANZ

Policy & Regulation

AMP to face another Royal Commission grilling

AMP Limited is listed to face another round of Royal Commission questioning as the process enters its final week....

Financial planning

Bank satisfaction declines 3% since Banking Royal Commission

In the six months to October, satisfaction with banks fell to 78 per cent, with satisfaction declining a total of 3.2 per cent since the Banking Royal Commission began, a...

Funds management

Big four move into red

The big four banks have moved into the red over the past week, with Westpac falling just under nine per cent....

Policy & Regulation

RC probes causes of misconduct

The Royal Commission will today begin its final round of hearings looking at what caused the misconduct and what can be done to fix those causes....

Life/Risk

ANZ OnePath aims to give clients real-time policy

ANZ OnePath has rebuilt its insurance underwriting engine, the ultimate endgame of which is to give clients a policy in real time....

Financial planning

ANZ locks in super sale timetable

ANZ has locked in the timetable for transferring its superannuation customers to IOOF even though it traverses the problematic Christmas/New Year period....

Financial planning

IOOF offers ‘Adviser Recognition Program’

IOOF has sought to ensure the retention of newly-acquired ANZ aligned advisers by offering participation in an ‘Adviser Recognition Program’ with vesting heavily reliant ...

Policy & Regulation

ANZ profit takes hit as it moves beyond wealth

ANZ’s full-year cash profit has taken a hit as it seeks to move beyond wealth remediation and costs associated with the Royal Commission....

Policy & Regulation

Finance compliance and risk roles on the rise: SEEK

SEEK data has shown that the Royal Commission has led to a direct increase in compliance and risk roles being mandated by clients across all sub-segments of the financial...

Financial planning

CBA proves most popular amongst rich

The Commonwealth Bank is the most popular bank amongst the wealthiest 10 per cent of Australians, being the bank of choice for 36.7 per cent of those customers....

Financial planning

ANZ provisions for customer remediation

ANZ may have sold its wealth business but the remediation costs continue to hit its balance sheet....

Financial planning

IOOF completes purchase of ANZ dealer groups

IOOF has completed its acquisition of ANZ’s aligned dealer groups, while making further arrangements to complete the acquisition of the ANZ One Path Pensions and Investme...

Policy & Regulation

ASIC takes on ANZ in Fed Court

The Australian Securities and Investments Commission has commenced civil proceedings against ANZ Banking Group....

People & Products

TPD clients to benefit from OnePath’s mental health support

OnePath has extended support for retail clients making a mental health claim through their total and permanent disability insurance. ...

Financial planning

IOOF completes early on ANZ transaction

IOOF has completed its acquisition of ANZ’s aligned planning dealer groups well ahead of schedule and has accelerated the completion of its Pensions and Investments trans...