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ANZ
Financial planning
The corporate watchdog’s civil penalty proceedings against ANZ mark the final investigation arising from matters considered by the Financial Services Royal Commission....
Financial planning
IOOF has consolidated its legacy platforms onto its superannuation and investments platform which now has $41 billion in funds under administration....
Funds management
Market Forces say ANZ’s updated climate policy falls short in addressing climate change and likened it to “shuffling of the chairs on the Titanic”. ...
Funds management
Shareholders of ANZ, NAB, and Westpac have lodged resolutions calling on the banks to stop funding new fossil fuel projects as the banks have continued to undermine net z...
Financial planning
Advisers say they are seeing a light at the end of the tunnel for the first time in a while after a challenging period of regulatory change....
Top 100
Money Management’s 2021 TOP Financial Planning Groups survey has confirmed that the number of financial advisers operating under the umbrellas of the largest groups has d...
Funds management
The firm posted an underlying profit after tax increase of 19.2% despite drops in revenue for advice and investment management for FY21....
People & Products
Farhan Faruqui will move from leading the international business to replace Shane Buggle who will retire from the position in October....
Policy & Regulation
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...
People & Products
ANZ has appointed former Colonial First State Global Asset Management executive, Christine O’Reilly, as a non-executive director, bringing the firm’s female board represe...
Funds management
As ANZ announces a $1.5 billion on-market buyback, this was a “strong indicator” that bank dividends could continue to rise for the next 12 to 24 months, according to Pla...
Life/Risk
OnePath Life is remediating up to $35 million to over 40,000 customers who were sold life insurance policies over the phone between 2010 and 2016....
Financial planning
Accessing super early due to the COVID-19 pandemic will leave vulnerable people with lifelong financial consequences, according to a report. ...
Financial planning
Former financial adviser for ANZ and Infocus, Lisa Lee, has been banned by the corporate regulator for eight years after it found she falsely witnessed binding nomination...
People & Products
AMP has a new chief executive, with ANZ’s Alexis George replacing Francesco De Ferrari....
MARKET INSIGHTS
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Podcast
By having trustees supervise client directed payments from their pension funds, Stephen Jones and the federal Labor gove...
Now we now the size of Stephen Jones' CSOLR tax, I doubt anyone will be employer any new financial adviser from this poi...
Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...