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People & Products
Insignia Financial has completed the separation of its pension and investment business from ANZ, a milestone in its separation and simplification program....
Financial planning
With superannuation funds hopeful of being able to offer advice to its members following the Quality of Advice Review, UniSuper has hired former MLC general manager, Andr...
People & Products
NAB Private Wealth and BlackRock have partnered to make exchange traded fund investing more accessible for all Australian investors with a suite of funds....
Funds management
Australia’s four major banks have delivered $14.4 billion in combined headline cash earnings for the 2022 half year, up $700 million or 5.1% from 2021 half year results....
Policy & Regulation
AUSTRAC has accepted an enforceable undertaking from NAB to uplift its compliance with Australia’s anti-money laundering and counter-terrorism financing laws....
People & Products
Citi Australia has appointed Hannah Oakhill from BT as head of retail banking and wealth management, as the business enters a pivotal stage in its transition to NAB....
Funds management
National Australia Bank (NAB) has reported their December quarter earnings, posting a 12% increase in cash earnings compared with the quarterly average of the second half...
Funds management
Shareholders of ANZ, NAB, and Westpac have lodged resolutions calling on the banks to stop funding new fossil fuel projects as the banks have continued to undermine net z...
Top 100
Money Management’s 2021 TOP Financial Planning Groups survey has confirmed that the number of financial advisers operating under the umbrellas of the largest groups has d...
Features
Although seemingly having good intentions for the public, Chris Dastoor writes, political battle lines have taken priority in the common ownership inquiry....
Superannuation
As superannuation funds grow in assets, NAB chief executive, Ross McEwan, is concerned they will hold excess influence over firms as large shareholders in the future....
Financial planning
The two banks will be probed by a parliamentary committee on its Royal Commission recommendation implementation progress along with implications of common ownership and c...
Policy & Regulation
Successful litigation against NAB, Westpac and Dixon Advisory could add enough to the corporate regulators coffers to cover the difference from the reduced levy....
Financial planning
The first penalty of its kind, the penalty relates to allegations from the corporate regulator in 2019 that the big four bank issued defective fee disclosure statements t...
People & Products
Colonial First State has hired Anthony Lane from MLC as its group chief risk officer as it continues its senior leadership appointments spree....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...