BIG FOUR BANK

Funds management

Westpac has come under fire from shareholders over greenwashing with Market Forces describing the firm as a ‘laughing stock’....

Funds management

Big Four bank ANZ has been penalised $25 million for failing to provide certain benefits it had agreed to give to customers and over $211 million will be remediated to af...

Funds management

Big Four bank ANZ has been penalised $25 million for failing to provide certain benefits it had agreed to give to customers and over $211 million will be remediated to af...

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...

Financial planning

Westpac has reduced headcount by more than 1,100 people in the past quarter, contributing to a $191 million decline in expenses, as it brings forward its simplification p...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

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

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 1 hour ago