BANKING

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...

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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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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 days 6 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

6 days 12 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 4 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 6 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

5 days 10 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

4 days 13 hours ago