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Superannuation
Senior industry fund identities have pointed to competitive tensions with the major banks and the possibility of becoming mutual banks....
Funds management
Despite reporting a higher level of customer satisfaction, the mutual banking sector has been less successful at capturing customer dollars compared to the four major ban...
People & Products
Gordon Lefevre will replace Colin Storrie as AMP’s chief financial officer from 1 March 2014....
Financial planning
Morningstar analysis paints the big four banks as being an oligopoly which is stronger now than before the GFC....
Financial planning
BNY Mellon has picked up a key mandate, assuming responsibility for administration of the private equity holdings for Telstra Super. ...
Funds management
Australia’s high net worth individuals are increasingly being offered 'one-size-fits-all’ solutions despite their diverse needs, a start-up wealth management firm believe...
Financial planning
More than a million customers have ended their relationship with a financial institution in the past year, with ANZ reporting the highest proportion among the major four ...
Funds management
Macquarie Group has reaped the benefits of integrating Perpetual’s Private Wealth Platform into its wrap business, recording a 46.7 per cent increase in retail managed fu...
Financial planning
It is no secret that National Australia Bank is making a number of staff cuts across its business lines, but there are claims the timing could result in an unfair outcome...
Financial planning
NAB Asset Servicing has renewed its custody mandate with UBS Global Asset Management....
Superannuation
New research shows AMP Group has had very little success at selling banking products to its superannuation customers, unlike the Big Four. ...
Editorial
NAB posts a solid third quarter but notes insurance challenges....
Financial planning
A technical issue which prompted AFS Group not to establish a trust account via which it could remunerate authorised representatives has ended up denying those planners t...
Financial planning
Non-aligned mortgage brokers now provide around 23 per cent of all home loans to borrowers, according to the Mortgage and Finance Association of Australia (MFAA)....
Financial planning
Latest research shows up to half of clients using bank-aligned financial planners think their adviser is ‘independent’....
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MARKET INSIGHTS
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...