Successful litigation against NAB, Westpac and Dixon Advisory could add enough to the corporate regulators coffers to cover the difference from the reduced levy....
The penalty is in relation to proceedings brought by the corporate regulator in 2016 around personal advice given to customers over external superannuation account rollov...
The sale of Westpac Life Insurance Services sees the bank’s exit manufacturing life insurance products and would release capital back to the bank. ...
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...
BT Funds Management and Asgard Capital will pay $3 million after the two entities made false and deceptive conduct to over 400 customers. ...
Catherine Kovacs will serve as a member of the audit, risk and compliance committee on the platform provider’s board....
The bank will sell its life insurance arm to Fidelity Life Assurance Company in its latest step to simplify the business....
The big four bank will remediate customers of its financial advice business for failure to notify them of corporate actions between 2005 to 2019....
As previously announced, Allianz will enter into an exclusive 20-year agreement for the distribution of general insurance products to Westpac’s customers....
Westpac has decided to retain Westpac New Zealand after discussions about whether a demerger was in the best interests of shareholders. ...
BlackRock, NAB, Westpac and Vanguard are among the other highly-rated financial services organisations, according to Super Recruiters’ Network Investor Perception Ranking...
If successful, it will be only the second win in Australia against a company for insider trading, but also has the potential to be another big loss in court for the corpo...
The proceedings related to the bank's role in executing a $12 billion interest rate swap transaction with AustralianSuper and a group of IFM entities....
Westpac has confirmed that Panorama is amongst the assets under consideration for sale, but it continues to perform for the big banking group....
Westpac’s first-half results announcement has confirmed the brands still under consideration for sale as part of the big banking group’s Portfolio Simplification strategy...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...