BANK

Financial planning

ME Bank has been ordered to pay $820,000 by the Federal Court for pleading guilty to criminal charges of making false and misleading representations, and failing to provi...

Funds management

Magellan has warned a black swan event ‘cannot be ruled out’ given the current banking crisis but reassured investors in its $7.2 billion Global fund that it has minimal ...

Financial planning

Westpac has reduced headcount by more than 1,100 people in the past quarter, contributing to a $191 million decline in expenses, as it brings forward its simplification p...

People & Products

Insurance profit after tax saw 42.4% growth during FY20 as it exited underperforming products while its wealth business was sold to LGIAsuper....

Funds management

The firms were found to be leaders in making their environmental, social, and governance objectives clear in integrated reports....

Financial planning

Australians are losing $6.5 billion on unnecessary costs such as fees and subscriptions, prompting Rest to encourage them to check their bank and superannuation statement...

People & Products

The big bank has promoted Alexis George to deputy CEO following the retirement of Graham Hodges, while also appointing Mark Hand to the bank’s executive committee....

People & Products

Rob Carnell will succeed Tim Condon as chief economist and head of research, Asia Pacific at ING Bank....

Superannuation

As the Parliament moves to consider super fund governance changes, Industry Super Australia has released research claiming the big banks are taking a third of all super f...

Financial planning

Non-aligned advisers make up one in every two planners, according to the 2015 Top 100 research conducted by Money Management....

Funds management

Earnings momentum, solid balance sheets, and growing dividends have given our major banks the support to deliver global sector-leading returns on equity, according to Mor...

Funds management

Asian high net worths are increasingly getting their advice from private banks and are turning to international equities and investment property in volatile times....

Tools & guides

Given that roughly one billion people will be 65 or older in East Asia by 2050, Australian banks need to revamp their services, Juan Pedro Moreno and Greg Carroll write....

Financial planning

Major mortgage lenders have bounced back after losing the number of new home loans to non-majors at the end of last year, according to data by AFG. ...

Financial planning

Business banking customer satisfaction levels have dropped to 66.1 per cent contrasting with 82.9 per cent satisfaction with personal customer satisfaction, according to ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 days 4 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks 1 day ago