BANKS

Financial planning

Just one House of Representatives debate and the mood of three Government back-benchers stand between the banks and a Parliamentary Commission of Inquiry....

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Financial planning

Satisfaction with the big four banks was up in April and well above the average, according to Roy Morgan Research....

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Superannuation

Industry Super Australia has commissioned new research it claims proves the major banks are using super to gouge fees....

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Financial planning

The major banks are facing a compensation bill well over $200 million as the Australian Securities and Investments Commission delves deeper into the “fees for no service”...

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Policy & Regulation

The ABA has expressed angst over the Government’s move to force the major banks’ senior executives to sign confidentiality agreements before releasing the legislation....

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Policy & Regulation

The big bank CEOs are threatening fallout from the bank levy including impacts on suppliers and media....

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Policy & Regulation

The major banks are facing a bipartisan pincer on the proposed bank levy with Federal Opposition leader, Bill Shorten backing such a move while continuing his calls for a...

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Policy & Regulation

The Australian Bankers Association has hit back at the Government over the imposition of a levy on the major banks saying it is counter-productive and was imposed without...

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Financial planning

International banking groups from across the globe had worked with open communication on the transformation to digital....

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Financial planning

The major banks have confirmed they are still paying millions of dollars a year to external financial planning dealer groups to provide support and education around their...

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Policy & Regulation

The Australian Bankers' Association has urged the imposition of more onerous requirements on financial planning licensees, including capital adequacy....

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Editorial

The recent Australian Securities and Investments Commission report on how large financial institutions oversee their advisers has served as a sobering reminder of the cha...

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Superannuation

Industry funds need to make sure they are not tainted by the scandals which have surrounded the banks, according to Australian Institute of Trustees acting chief executiv...

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Superannuation

Industry Super Australia said it was surprised by Kelly O’Dwyer’s reaction to its advertising campaign on banks moving into super, saying it demonstrated a lack of balanc...

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Superannuation

ASIC’s damning report into financial advisers in institutions signal the risk that lied in banks increasing their market share in superannuation, ISA argued....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

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The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

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A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

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The difference between a Record of Advice and Statement of Advice is the crux of the FSCP’s latest determination against a relevant provider. ...

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