BANKS

Editorial

There can be no more grievous indictment of a service provider than that they continually charged for a service that was never provided....

Financial planning

Does ANZ's contemplation of a wealth management exit combine with NAB's MLC Life transaction to signal the banks are losing their appetite for financial planning? ...

Financial planning

Customer advocacy ratings show that the big banks have failed to maintain stability when it comes to customer satisfaction and loyalty....

Financial planning

The Big Four’s tainted reputations have not deterred their customers who are still rating their banks at least seven out of 10, according to DBM Consultants....

Superannuation

Industry Super Australia claims the major banks are switching customers into under-performing retail super funds via direct sales tactics which bypass planners. ...

Financial planning

Overall customer satisfaction levels for the Big Four remain high despite negative publicity and decreased home-loan customer satisfaction, according to a Roy Morgan surv...

Financial planning

New research reveals that as few as 20 per cent of people trust their banks to give them unbiased advice....

Financial planning

When the world at large says that banks have a culture problem it is avoiding the underlying issue, according to David Murray....

Financial planning

The Australian Bankers' Association has imposed a planner hiring protocol for use by members to screen out bad planners....

Policy & Regulation

Industry Super Australia wants the banks to be subject to rules which impose a duty to ensure customers are left better off when moving super funds....

Editorial

Federal Opposition leader, Bill Shorten, has declared that a Labor victory will bring forth a Royal Commission into the banks but the reality is that all sections of the ...

Financial planning

NAB and Westpac may have made the best strategic call by keeping their wealth management businesses as separate entities, according to an academic analysis....

Financial planning

Banks are struggling to keep pace with fintech disrupters, with only 18.7 per cent of Australians likely to purchase and use new technologies, according to Roy Morgan....

Funds management

The major banks' cash profit after tax were down three per cent for the first half of 2016, according to KPMG....

Editorial

The Federal Opposition’s calls for a Royal Commission into the banking industry represents a continuation of a campaign started by industry funds nearly three years ago....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 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 1 week 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 ago

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

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

4 days 4 hours ago