Financial Services

Policy & Regulation

Industry funds urge publication of firm level complaints data

The number of complaints received about individual firms should be available to financial services customers, according to the Australian Institute of Superannuation Trus...

Financial planning

Financial services is Australia’s biggest economic growth contributor

The Financial Services Council has released its 2019 State of the Industry Report detailing the overall picture of the industry....

Policy & Regulation

ALP shares financial services love

The Australian Labor Party has spread the focus on financial services across three members of its Shadow Cabinet team....

Policy & Regulation

Industry praises Treasury appointments

Industry bodies have applauded the Government’s appointments to the Treasury, stating it is a ‘clear indication’ of the strategic focus being placed on financial services...

Policy & Regulation

ASIC chair issues industry ‘fairness challenge’

Australian Securities and Investments Commission (ASIC) chair James Shipton has issued a ‘fairness challenge’ to the financial services industry....

Superannuation

KiwiSaver assets show strong growth

Recent changes have seen strong growth in New Zealand’s KiwiSaver pool....

Outsider

Those who have left their mark on financial services

As we draw ever closer to the 18 May Federal Election, Outsider believes it is worth reminding readers that while we may have had no fewer than five Prime Ministers over ...

Financial planning

RC didn’t slow job growth in fin services

Job opportunities within the finance and insurance services sector were up 10 per cent in the first quarter of 2019, according to Sunsuper’s Australian Job Index. ...

Financial planning

Jobs in financial services few and far between

Hiring intentions with the finance, insurance and real estate sector have taken a blow, with Manpower Group’s Net Employment Outlook down six points from the previous qua...

Policy & Regulation

Are there still things to hide in financial services?

The chairman of the Australian Securities and Investments Commission, James Shipton has suggested that those who are pushing back against the regulator may still have som...

Policy & Regulation

Fin services needs to walk the walk on climate risk

Banks, insurers and super trustees need to do more than talk the talk where climate change is concerned, with a key regulator urging them to also act to mitigate risks to...

Expert Analysis

Where did financial services go wrong?

Financial services barrister Noel Davis examines the testimony given to the Royal Commission and its ultimate findings and suggests that for as much as it discovered ther...

Funds management

Financial sector in top spot despite RC

While the Royal Commission’s final report was touted to rock the financial services industry, the financial sector has defied expectations, according to FE Analytics. ...

Financial planning

AMP on brink of additional fees for no service breach

AMP Limited acting chief executive, Mike Wilkins has confirmed the firm is facing more fees for no service remediation challenges after discovering new breaches as recent...

Policy & Regulation

Should ASIC executives be subject to the BEAR?

Australian Securities and Investments Commission chairman, James Shipton has signalled his intention to subject his own executives to the same terms and conditions as the...