POWERED BY MOMENTUM MEDIA
BANKING
Financial planning
A majority of banks had signalled intentions to invest in customer-facing technologies but did not expect their performance to improve....
Financial planning
Millennials demanded a set of particular expectations from the banking industry, which banks would have the potential to capitalise on....
Financial planning
BTFG’s contributions to Westpac has declined by four per cent to $876 million in cash earnings thanks to weak results in wealth in a challenging environment. ...
Superannuation
The outperformance of industry super funds over the bank-owned ones is driven by culture and investment philosophy, according to Industry Super Australia (ISA)....
Financial planning
The Big Four’s tainted reputations have not deterred their customers who are still rating their banks at least seven out of 10, according to DBM Consultants....
Funds management
Customer satisfaction with the big four banks has declined in five out of the last six months and is now 1.9 percentage points below last July....
People & Products
HSBC extends Hamish Kelly’s role to encompass Global Banking in Australia and he will remain in Sydney....
Policy & Regulation
Australia and New Zealand Banking Group (ANZ) is refunding $5 million to basic account holders for incorrect late payment and over limit fees. ...
Financial planning
Satisfaction with the big banks among home loan customers seem to be back on track following a dip after home loan rates increased last year, Roy Morgan research found....
Financial planning
Almost 70 per cent of banking and finance employees wanted to stay with one employer for more than five years if they were offered career progression opportunities....
Life/Risk
Bankers are being warned to manage the risks associated with lending for commercial property purchases carefully, or face significant pain in a downturn....
Financial planning
Macquarie University’s launches Masters of Banking and Finance course for students wanting to enter the banking and finance industry....
Financial planning
To improve banking competition the four pillar policy needs to be removed, according to a Centre of International Finance and Regulation report....
Policy & Regulation
ASIC has issued a harsh assessment of how lenders are handling interest-only loans reminiscent of its critical analysis of life/risk advice arrangements....
Policy & Regulation
Banks and financial institutions are facing scrutiny over its use of unfair contract terms and non-monetary default conditions to foreclose businesses....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...