The big four banks have agreed to specific contractual changes with ASIC to eliminate unfair terms from their agreements....

Industry superannuation fund Vision Super has told the Productivity Commission that the banks are ‘scandal-ridden’ and cannot be trusted with respect to insurance inside ...

A report released this week by the World Economic Forum and Deloitte has failed to support fintech as a key player in the competitive financial services landscape....

Data from finder.com.au showed close to half of the population use just one bank for all financial needs....

Will the Government’s Bank Executive Accountability Regime combine with the Australian Bankers’ Association employment protocol to make employment in the banking sector a...

Aged care advice is too broad with multiple moving parts to have its own specific, narrow licensing condition, according to the Financial Planning Association....

Licensees providing holistic advice will be hit harder than those focused on general and wholesale advice under the Government’s new industry funding proposals for the Au...

Banks should not provide wealth management services and financial advice unless they can stamp out the product-driven sales culture that is entrenched in the institution....

Reviews into retail banking remuneration may raise awareness about the sales culture but it will not alter the product-pushing behaviour of banks and other financial inst...

Stephen Sedgwick’s report into retail banking remuneration failed to find substantial reason for an outright ban on product-based payments but made recommendations to pro...

Stephen Sedgwick’s review into retail banking remuneration was limited in its terms of reference, meaning it did not examine areas of financial services that have been ri...

Financial technology and banking experts gathered at the Australian Bankers’ Association Communique have spoken in favour of better access to open data....

Australians have lost trust in the banks’ ability to balance the interests of customers and shareholders, according to the ABA....

Mark Woolnough weighs up the changing landscape of financial services and tips the digital experience as key to customer advocacy in 2017....