BANKS

Policy & Regulation

Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds....

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Financial planning

The likelihood that businesses won’t restart and customers won’t be able to start paying down their mortgages have been factors in ratings house Fitch downgrading Westpac...

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Financial planning

The Australian Banking Association has announced the banks’ readiness to support the JobKeeper program....

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Financial planning

Australians who have been granted a deferral on their loan repayments will not have their credit rating impacted, so long as they were up to date with repayments prior to...

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Funds management

Australia can expect to see a severe cut in dividends over the next 12 months as result of COVID-19 but which sectors can we expect to remain resilient in the face of vol...

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Funds management

There have been mixed results for major listed financial groups in terms of volatility caused by COVID-19 with banks suffering least while firms such as OneVue and Challe...

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Funds management

There is little more bank stocks can slide given how far and how long they have fallen so they could be a compelling buy for investors, according to Wealth Within. ...

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Financial planning

The Financial Planning Association wants the Government to commission the Australian Securities and Investments Commission to monitor the escalating costs of practicing a...

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Funds management

Taking a niche approach to fund selection rather than opting for the standard Australian equities funds has paid off in the past year with the specialist equity sector re...

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Policy & Regulation

The Australian Prudential Regulation Authority will be imposing a climate change stress test on banks, insurers and superannuation funds....

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Funds management

Growing financial advice practices to gain scale to meet the challenging new environment is being made harder by bank lending policies....

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Policy & Regulation

The Federal Government has been accused of pandering to the big banks and reneging on the recommendations of the Royal Commission by pursuing new legislation to alter def...

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People & Products

Antonia Watson will be the first female chief executive of ANZ NZ and will also sit on the banking group’s executive committee....

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Policy & Regulation

Westpac’s AUSTRAC issues saw 3,390 people exit its latest share purchase plan at a cost of $68 million....

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Financial planning

The Australian financial services sector must address six critical challenges in order to navigate risks and opportunities, according to the Australian Sustainable Financ...

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MARKET INSIGHTS

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

3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

5 days 15 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 day 6 hours ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 weeks 1 day ago