BANKING SECTOR

Financial planning

National Australia Bank group chief executive Ross McEwan has confirmed the banking sector will be a less attractive sector for dividends in the aftermath of the COVID-19...

Funds management

IML Investors has said it is reluctant to add exposure to the big four banks as it believes the risk/return in the sector is unappealing....

Funds management

The global economy is less resilient than 12 years ago at the onset of the financial crisis with the Euro area having seen the biggest decrease in resilience over the per...

Policy & Regulation

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

Industry Super Australia has accused the Government of caving into the retail banks and the wealth management sector in allowing ‘carve-outs’ from the design and distribu...

Life/Risk

The banking group has made a revised takeover bid proposal for Virgin Money in an effort to create a new national competitor in UK banking....

People & Products

Former AMP Bank managing director, Michael Lawrence has been appointed as the new chief executive of the Customer Owned Banking Association....

Policy & Regulation

The banks-sponsored Sedgewick Retail Remuneration Review has revealed a banking sector reluctant to apply FOFA norms to mortgage brokering lest they lose market share....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 4 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 6 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 4 days ago
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