banks

Big 4 exposure didn’t hold back best Aus geared equity funds

All four of the top performing funds in the Australian equity geared sector held Big Four banks in their top...

29 November

Has the Austrac scandal affected funds with high Westpac allocations?

In the wake of its money-laundering scandal, most funds that had a high allocation towards the bank managed to...

19 November

Banking ‘repair jobs’ largest wage increase

The Royal Commission has paved a way for wage increases at banks for professionals who can deliver on reforms and...

Dec 1 2019 - 11:00pm

A new way to boost income while seeking to protect capital

With interest rates at record lows, finding income while managing risk is a challenge. The Schroder Absolute...

Schroders

SMSF trustees placed the most trust in accountants ahead of financial advisers, but financial advisers remained the most used advice source by SMSFs despite usage levels dropping.

13 November

Banks and financial services firms face trust issue

Banks and financial services firms have been revealed as having major consumer trust issues with new Roy Morgan...

16 October

Banks urged to show leniency on grandfathering loans

The Association of Financial Advisers has urged banks who loaned money to advisers to buy books of clients to show...

FSC questions whether FOFA achieved its objectives

14 October

ASIC to be questioned over regulatory power

The Australian Securities and Investments Commission is due to appear before the House Economics Committee this...

Dec 1 2019 - 11:15pm

U.S. Outlook: Maintain balance in this election year

Recession in 2020, or will the U.S. consumer power through?

Capital Group

11 October

Has being gender-equal helped these banks’ share price?

Three of Australia’s banks have been listed as being among the most gender-equal financial services firms in the...

8 October

ASX reports fall of 3.5%

The Australian stock market fell by more than 3.5% last week over fears of escalations in the US/China trade war.

New academic research has confirmed that increasing regulation has been influential in banks deciding to exit elements of their wealth management and insurance businesses.

24 September

2,900 advisers leave industry in wake of banks, AMP

The exit of the Big Four banks and the change in strategy by AMP Limited will see planner numbers decrease by...

ANZ has announced the sale of its NZ asset finance business including the Esanda name and trademarks in Australia and New Zealand.

14 June

ANZ complies with ASIC enforcement

The Australian Securities and Investments Commission has announced ANZ has complied with the court enforceable...

Consumer group Choice wants all grandfathered commission arrangements to end and for advisers to be required to declare their status – independent or aligned.

12 June

FPA urged Treasury to differentiate between large and small licensees

The Financial Planning Association urged the Treasury to ensure the costs of extra regulatory scrutiny of major...

AustralianSuper public sector members are now eligible for early release of super and insurance payouts if they have a life expectancy of up to 24 months.

12 June

People & Products

Suncorp announces acting CEO remuneration arrangements

Suncorp has announced the company has finalised remuneration arrangements for acting chief executive Steve...

28 May

Bank stocks looking strong in Election aftermath

The banks were some of the biggest winners in the post-Federal Election share market rise last week, and data from...

FUM in super and retirement incomes sector posted a fall of 3.4 per cent at the end of March as negative earnings more than offset new money flow, according to DEXX&R.

7 May

Half-year bank results see decline

Half-year major bank result analysis by Deloitte shows the banks are still struggling to make growth against the...

10 April