BANKING

Financial planning

More Australians are using ATMs and internet banking as opposed to visiting a branch, new results from Roy Morgan show. ...

Funds management

Even though they have been in the headlines recently for all the wrong reasons lately, investment manager DNR Capital believes Australian banks offer attractive investmen...

Expert Analysis

Alex Trott looks into how open banking, which many believe to be a necessary development, may affect the financial services industry....

Financial planning

Customer satisfaction with banks remains high at 80.8 per cent, with the scandal-ridden Commonwealth Bank coming out on top amongst the big four, according to Roy Morgan....

Funds management

Banks are making moral judgments on businesses by refusing to provide legitimate adult industry participants with financial services, the Australian Small Business and Fa...

Financial planning

The major banks’ pursuit of the vertically-integrated bancassurance model has run its course and they should instead be looking to partnerships, according to IOOF....

People & Products

Former AMP Bank managing director, Michael Lawrence has been appointed as the new chief executive of the Customer Owned Banking Association....

Policy & Regulation

The Australian Bankers’ Association has responded to the former auditor general’s report on the banks’ six reform initiatives....

Financial planning

The ANZ wants the Government to legislate to have the Australian Bankers' Association adviser reference checking protocol extended to non-bank adviser entities....

Financial planning

Industry Super Australia has attacked what it sees as a bank planner sales culture likely to impact choice of fund and suggested that policy-makers risked leaving consume...

Policy & Regulation

Australia’s regional banks and AMP have called for a level playing field and recognition of the advantage handed to the major banks by the Government guarantee....

Financial planning

The CBA was the first bank yesterday to announce it was removing ATM withdrawal fees, and was quickly followed by the other majors amid continuing calls for a Royal Commi...

Financial planning

The ABA is working towards making banks provide clearer and more accessible information on how to close accounts. ...

Financial planning

A major industry superannuation fund has claimed banks and ‘for profit’ superannuation funds are incapable of acting in member’s best interests and should therefore be ve...

Financial planning

Despite their tainted image, banks are not doing enough to win back consumers, according to a survey....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

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...

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....

1 week 5 days ago