WESTPAC

Financial planning

New analysis developed by Credit Suisse has revealed the degree to which industry consolidation has seen the big banks dominating the life insurance sector....

Financial planning

Financial services companies scaled back political donations last fiscal year, according to the latest data from the Australian Electoral Commission....

Editorial

While much of the debate around NAB/MLC’s acquisition of AXA Asia Pacific has focused on who controls which dealer group, Mike Taylor argues that control of the platforms...

Editorial

The global recession generated by the sub-prime crisis has served to reinforce the dominance of Australia’s major banks across almost all segments of the nation’s financi...

Financial planning

Westpac Online Investing will offer market data, portfolio management, access to Aegis Research, Reuters newsfeeds and analysis from Morningstar....

Financial planning

Control of the Australian platform market has nearly halved in the past four years to be dominated by three of the nation's big four banks, a situation that would be exac...

Financial planning

All four of the big banks saw a fall in satisfaction levels from their business banking clients in the second half of 2009, according to a business banking customer satis...

Financial planning

The country’s top four banks, ANZ, Commonwealth, NAB and Westpac, are emerging from the global financial crisis in relatively good shape but challenges remain ahead, acco...

Financial planning

BT Investment Management (BTIM) chairman Brian Scullin believes a number of smaller boutique funds management groups are still yet to fail, despite saying his group’s mul...

People & Products

To be succeeded by former Westpac New Zealand chief executive Brad Cooper, with Coombe taking up a group executive role in Westpac’s retail and banking business....

Editorial

While some might argue mergers and acquisitions activity has not significantly altered the competitive dynamic of the nation’s financial services industry, it has certain...

Financial planning

The former chief executive of Westpac, David Morgan, has warned that overly competitive BDMs and excessively conservative lawyers could get in the way of simple advice....

Financial planning

While AXA’s North products have attracted significant inflows over the past 12 months, Mike Taylor writes that the platforms and wraps industry continues to be dominated ...

Financial planning

CoreData research has confirmed that the major banks are dominating the mortgage market, with Westpac and Commonwealth Bank holding 48.9 per cent of all outstanding resid...

Editorial

Westpac chief executive Gail Kelly describes result as sound in a challenging year....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 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 5 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 1 day ago

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

2 days 15 hours ago