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Funds management
Australian banking underperformance could be over next year as the regulator’s dividend restrictions will finish at the start of 2021....
Funds management
Holding a low weight to financial stocks is the common denominator between those Australian equity funds which have reported double-digit gains over the past year. ...
Financial planning
After a Royal Commission, one of the worst bushfire seasons and now a global pandemic, the big four banks have begun to close the gap in repairing their brand authenticit...
Funds management
Whether it’s through exchange traded funds or managed funds, technology has paid off as an asset class in the last year....
Financial planning
Since 2011, the big four banks have made $1.2 billion from delaying passing on rate cuts, according to research from comparison website Mozo. ...
Financial planning
AUSTRAC will cost the bank $415 million and its goodwill and intangibles associated with Westpac Life Insurance Services will cost $568 million....
Financial planning
Almost half of deferred mortgages and small business loans have resumed, according to data from the Australian Banking Association (ABA)....
Funds management
Only two US banks were fined more than the Australian bank during 2020, with anti-money laundering breaches being the most common cause worldwide....
Funds management
Westpac should generate strong profits as loan losses fall, cash rates begin to rise, and cost savings are achieved, according to Morningstar....
Editorial
The banks are out, scores of advisers are heading for the exits and it is time for Governments to stand back and let the financial planning industry succeed. ...
Financial planning
Fitch Ratings has maintained its negative outlook on the ratings of Australia’s four largest banks: ANZ Group, Commonwealth Bank of Australia, NAB and Westpac. ...
Superannuation
Superannuation funds have different business models to either the banks or the major insurers and this needs to be recognised....
Financial planning
Collaboration between climate scientists and finance firms like NAB, Westpac and the Commonwealth Bank has produced guidance on assessing the physical risks of climate ch...
Financial planning
Banks are contacting customers for their six-month home loan deferral assessment to discuss the next stage of support and assistance....
Funds management
Banks are ‘confusing’ as they look cheaper now relative to any period of history but the outlook is not great for the sector, according to Airlie Funds Management....
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...