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Funds management
Investor pessimism is close to a 20-year low thanks to the global banking crisis and in line with sentiment during the Global Financial Crisis, a notable reversal of Febr...
Funds management
The country's financial regulators have sought to temper fears of a crisis following the collapse of three US banks. ...
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...
Financial planning
Praemium CEO, Anthony Wamsteker, is confident banks and super funds won’t be able to get away with poor or conflicted financial advice despite Quality of Advice recommend...
Funds management
The Big Four banks have reported combined cash earnings of $28.5 billion but signs are pointing towards challenging conditions, according to EY and KPMG....
Policy & Regulation
ASIC has commenced civil penalty proceedings against big four bank ANZ for allegedly misleading customers about the available funds and balances in their credit card acco...
Funds management
The latest Janus Henderson Global Dividend Index shows Australian dividends totalled $97.9 billion in the 12 months to the end of March 2022, breaking through the pre-pan...
Financial planning
Former bank-licensed advisers have opted to move to privately-owned licensees, with a preference for boutiques, according to Adviser Ratings....
Financial planning
The Big Four banks, AMP and Macquarie have paid or offered a total of $3.1 billion in compensation to customers who suffered loss or detriment because of fees for no serv...
Funds management
After a persistent upward rise for buy now, pay later stocks, they are seeing a change in sentiment with double-digit losses over the past three months....
Funds management
Banks resuming their regular dividend payouts has helped Australian companies to account for more than a third of the $69 billion year-on-year increase in global dividend...
Financial planning
It is “highly unlikely” that the big four banks will not enter the roboadvice space in the future as they will be unwilling to give up market share to an incumbent....
Funds management
It is rare to see “all parts of the market firing on all cylinders”, according to Airlie, but the high multiples make it challenging to find quality companies....
Policy & Regulation
The regulator has outlined the purpose, design and scope of its climate vulnerability assessment to help regulated entities, including the largest banks, understand and m...
Funds management
Banks have paid more than $7 billion to customers in remediation since the Royal Commission but this ending will leave them with more available cash to distribute to shar...
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MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
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....