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NAB

Financial planning

On the back of revealing a 7% decline in third quarter cash earnings, National Australia Bank has confirmed that client remediation continues to be a factor in exiting ML...

People & Products

Queensland Investment Corporation chief risk officer David Clarke has been appointed to the same position at NAB’s wealth management arm....

Financial planning

New data shows that financial planners are continuing to exit the industry but that the rate at which they are leaving is slower than for the same period last year....

Superannuation

Superannuation fund industry representatives are expressing concern as funds face outflows of more than $60 billion as a result of the Government’s three-month extension ...

Life/Risk

News reports out of Japan suggest MLC Life’s Japanese parent, Nippon Life, is considering injecting more capital as it moves to staunch losses associated with income prot...

Superannuation

Ten major superannuation funds continue to do the majority of the heavy lifting on hardship early release superannuation, but some appear to have been less affected than ...

Financial planning

Although the industry continues to lose advisers, this week’s data from HFS Consulting has shown that the losses were lower compared year-on-year. ...

Funds management

Commonwealth Bank and ANZ are “the worst” offenders with each lending to projects with emissions equivalent to nearly eight years of Australia’s total greenhouse gas emis...

People & Products

The National Australia Bank has appointed Andrew Irvine as group executive business and private banking....

Funds management

As National Australia Bank group chief executive Ross McEwan warns banking will be less profitable in the short-term, which big four bank has recovered best in the three ...

Funds management

MLC customers are being charged 0.1% for non-NAB owned investments and 0.15% for ASX-listed investments, according to reports....

Funds management

April was a record-breaking month, with 37 placements raising a total of $13 billion, according to Zenith Investment Partners. ...

Financial planning

Australia’s Big Four banks have been rated on their COVID-19 responses by consumer advocate Choice, with ANZ performing the worst. ...

People & Products

The global investment manager has appointed Chris Clayton as head of distribution and Aman Kashyap as investment specialist. ...

Financial planning

National Australia Bank group chief executive Ross McEwan has confirmed the banking sector will be a less attractive sector for dividends in the aftermath of the COVID-19...

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 weeks 5 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 weeks 5 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

3 weeks ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

3 weeks 4 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

6 days 15 hours ago