Freedom Insurance Group has declared it will not be recommencing sales of life products as it deals with commissions-related liquidity issues and the reality of a client ...

AMP Limited has made clear it is provisioning substantially less than the $1.185 billion mentioned during the Royal Commission for client remediation....

NAB chief executive, Andrew Thorburn, has defended some fees for no service charged by the bank as a “process issue” rather than dishonesty, as he came under fire at the ...

National Australia Bank has reported a solid full-year profit despite remediation costs and its time-table to exit MLC....

A financial services academic has attacked the use by consultants of ‘two-week planners’ to undertake remediation work....

National Australia Bank has added $314 million to its customer remediation costs....

ANZ may have sold its wealth business but the remediation costs continue to hit its balance sheet....

An academic has questioned the robustness of some bank advice remediation programs claiming some work has been carried out by contractors with little more than ‘hot house...

ASIC issues draft guidance which would require licensees to ensure access is available to client records even if advisers no longer work for them....