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Financial planning
Morningstar has lowered its expectations for a rebound by AMP Bank as it feels the new digital bank is unlikely to improve the firm’s competitive standing....
People & Products
AMP is betting on a digital bank for sole traders and small businesses, in partnership with UK digital bank Starling, to improve its AMP Bank performance....
Funds management
AMP and Commonwealth Bank is among multiple financial services companies left unable to fully function after an Optus outage hit nationwide....
People & Products
AFCA has welcomed a new board director as the director who has served on the board since AFCA’s origination in 2018 steps down....
Funds management
With prominent contributions by Woodside and Westpac in a seasonally quiet quarter, Australian dividends reached $13.1 billion in Q2 2023, according to the Janus Henderso...
Financial planning
A panel of industry experts believe there is a role for banks to play in providing advice but are expectant of the Quality of Advice review‘s recommendations focusing on ...
Funds management
Higher interest rates have helped deliver a 10 per cent boost to the major banks’ collective earnings, but weakening economic activity and heightened competition have dim...
Funds management
Analysis of trading behaviour of the SelfWealth cohort found banking trades increased significantly in March, despite the crash of Silicon Valley Bank and Credit Suisse, ...
Funds management
Australia is among the best countries in the world to be protected from the fallout of the global banking crisis, according to Fidelity Australia’s head of investments, P...
Funds management
Credit Suisse is set to be acquired by its local competitor amid ongoing fears over the bank's viability. ...
Funds management
The investment bank is "preemptively" strengthening its liquidity position in a bid to restore investor confidence. ...
Funds management
The Federal Reserve has stepped in to guarantee deposits impacted by the second largest banking collapse in US history, which has rattled financial markets. ...
Funds management
Investors in Australia witnessed record dividend payouts in the past year, largely from the mining and banking sector, according to the Janus Henderson Global Dividend In...
People & Products
Commonwealth Bank shareholders have benefited from the higher interest rate environment, with the big four bank’s earnings rising 9% over the first half of the 2023 finan...
Funds management
Although share dividends have recovered from the lows in the pandemic, there is a further potential for ‘upside surprise’ in some sectors, according to Ausbil Investment ...
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So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...