BANKS

Financial planning

Collaboration between climate scientists and finance firms like NAB, Westpac and the Commonwealth Bank has produced guidance on assessing the physical risks of climate ch...

image
Financial planning

Banks are contacting customers for their six-month home loan deferral assessment to discuss the next stage of support and assistance....

image
Funds management

Banks are ‘confusing’ as they look cheaper now relative to any period of history but the outlook is not great for the sector, according to Airlie Funds Management....

image
Funds management

Profitability at the big four banks is expected to remain under pressure for the next 18 months, according to ratings agency Fitch. ...

image
Financial planning

Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of t...

image
Financial planning

Bank dividends could be cut after the Australian Prudential Regulation Authority told them to ‘maintain caution’ over 2020 dividend payments with the payout ratio maintai...

image
Financial planning

Satisfaction scores from consumers have improved in May, according to data from Roy Morgan....

image
Funds management

With a possible recovery in the second half of the year and a less severe downturn than initially anticipated, the banking sector might remain an attractive position for ...

image
Financial planning

The Australian Banking Association has announced two temporary changes to the Banking Code of Practice, which have been approved by the corporate regulator....

image
Funds management

As National Australia Bank group chief executive Ross McEwan warns banking will be less profitable in the short-term, which big four bank has recovered best in the three ...

image
Financial planning

Australia’s Big Four banks have been rated on their COVID-19 responses by consumer advocate Choice, with ANZ performing the worst. ...

image
Financial planning

The same Parliamentary Committee which has been applying close scrutiny to industry superannuation funds and their financial planning expenditures is about to turn its at...

image
Funds management

The banking industry’s low risk business model and balance sheet strength remain largely underestimated by the markets, according to Western Asset. ...

image
Funds management

Dividends in the financial sector could be cut by 41% this year, according to UBS, with total ASX 200 dividends expected to fall by $21.7 billion....

image
Funds management

Plato Investment Management has urged the big four banks to continue with their dividend payments by utilising their dividend re-investment plans to protect investors who...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

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

1 month 3 weeks ago
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 ...

1 month 3 weeks ago
gonski

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

1 month 3 weeks ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

1 week 2 days ago

The Reserve Bank of Australia has made its latest rate call, with only two more meetings left for 2024....

3 weeks 2 days ago

Financial advisory group AZ NGA has announced a strategic partnership with a $294 billion global investment manager to support its acquisition plans....

2 weeks 3 days ago