WESTPAC

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...

People & Products

The Commonwealth Bank has appointed former Westpac and NSW Government executive, Robert Whitfield to its board....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 14 hours ago