ME BANK

Financial planning

ME Bank has been ordered to pay $820,000 by the Federal Court for pleading guilty to criminal charges of making false and misleading representations, and failing to provi...

Superannuation

The corporate regulator has alleged misconduct against the bank’s home loan clients while it was still under ownership of the industry superannuation funds....

image
People & Products

As part of the acquisition process, former ME Bank director Deborah Kiers will join the Bank of Queensland’s board of directors, replacing Kathleen Bailey-Lord....

image
Financial planning

The formerly industry super-owned bank has been sold for a cash consideration of $1.325 billion....

image
Financial planning

The Bank of Queensland has received approval for its 100% acquisition of ME Bank, which is expected to be completed this month....

image
Policy & Regulation

The corporate regulator has charged the formerly industry fund-owned bank due to contraventions of the ASIC Act and National Credit Code....

image
Superannuation

Bank of Queensland has confirmed its acquisition of industry funds-owned ME Bank....

image
Policy & Regulation

The Australian Prudential Regulation Authority has admitted that the structures surrounding Industry Super Australia and Industry Fund Services have precluded it finding ...

image
People & Products

Long-serving ME Bank chief executive, James McPhee has resigned just months after the brouhaha over client redraw facilities....

image
Financial planning

The Australian Securities and Investments Commission has hit out at ME Bank over the “disappointing” way it handled its problems over client mortgages and said it has had...

image
Superannuation

Industry Super Australia has received tough written questioning from the Australian Securities and Investments Commission around how it calculates the impacts of early ac...

image
Superannuation

ME Bank and Industry Super Australia will be placed under scrutiny as part of an urgent public hearing of a key Parliamentary Committee....

image
Funds management

Industry funds-backed bank, ME Bank has reversed its home loan redraw limits decision....

image
Financial planning

Hard-pressed industry funds bank, ME Bank, is offering clients financing rearrangements and a six-month repayment holiday as it scrambles to deal with the controversy aro...

image
People & Products

ME Bank and specialist retirement funding provider Household Capital, which launched earlier this year, have announced a partnership to establish a $100 million wholesale...

image
 
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

 

MARKET INSIGHTS

PETER JOHNSTON- AIOFP

Well done Keith and Neil, these Canberra Bureaucrats need to be stopped. ...

3 days 7 hours ago
JOHN GILLIES

WHEN I RETIRED A LOT OF GUY'S WERE STILL PRACTICING FORMS OF COLD CALLING. There nothing wrong with it as a way of estab...

4 days 7 hours ago
JOHN GILLIES

I thought you joined a dealer to be protected and have a better version of regulation explained, BUT The dealers themsel...

4 days 7 hours ago

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year....

1 week 4 days ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

3 weeks 5 days ago

More than 20 winners from the funds management industry have been crowned at this year’s awards....

4 days 14 hours ago