WESTPAC

News

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry has been told BT Financial Planning failed to fully inform Dover Finan...

Financial planning

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry will begin scrutinising financial advice with the major banks and AMP ...

Funds management

The performance of the top 25 banks for 2017 have been confirmed in the latest GlobalData research. ...

Financial planning

New data has confirmed the degree to which the Government’s $1.6 million pension cap has choked flows into retirement income....

Financial planning

Customer satisfaction with banks in the last six months to January reaches 81.2 per cent, with CBA maintaining the highest rate despite recent regulatory allegations. ...

Policy & Regulation

The Australian Securities and Investments Commission has banned Queensland financial adviser, Christopher Ramsay, from providing financial services for five years for fai...

Policy & Regulation

Australia’s five largest banking and financial services institutions have paid a further $21.4 million to customers who suffered losses as a result of non-compliant condu...

People & Products

Former KPMG national chairman, Peter Nash, has been added to the board of Westpac....

Financial planning

Ten per cent of advice files from the major banks and AMP sampled by the Australian Securities and Investments Commission proved to be of significant concern....

Financial planning

Major banks paid or offered customers $215.9 million of an estimated $219.5 million in refunds and interests for failing to provide advice....

Policy & Regulation

The Australian Securities and Investments Commission has stated that Westpac Banking Corporation would provide refunds to 13,000 customers due to a system error....

Financial planning

Westpac has posted solid full year result, with a seven per cent growth in statutory net profit, although BT Financial Group saw a softer year....

Funds management

Westpac Banking Corporation and Northill Capital have announced they have entered into an agreement for the sale of global infrastructure manager, Hastings....

People & Products

Former Westpac executive and executive chairperson of the Carnival Group, Ann Sherry, has been added to the board of NAB....

Financial planning

The CBA was the first bank yesterday to announce it was removing ATM withdrawal fees, and was quickly followed by the other majors amid continuing calls for a Royal Commi...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

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

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ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

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