NAB

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....

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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....

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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...

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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...

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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...

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Features

Although seemingly having good intentions for the public, Chris Dastoor writes, political battle lines have taken priority in the common ownership inquiry....

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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....

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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...

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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....

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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...

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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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Policy & Regulation

A review from the corporate regulator of the six largest financial services institutions shows they have collectively paid or offered $1.86 billion in compensation for fe...

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People & Products

Daniel Proietto has been appointed as Victorian regional manager for Fitzpatricks Private Wealth....

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Financial planning

The claims against the bank had been dismissed but there is still a possibility the dismissal could be reversed....

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Policy & Regulation

AUSTRAC has informed the big four bank that it has identified “serious concerns” with NAB’s compliance of its Anti-Money Laundering and Counter-Terrorism Financing progra...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 16 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 17 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago