Big four banks

Funds management

Australian investors remain unaware that total dividends rose close to eight per cent, in dollar terms, from 2017, Plato Investment Management warns....

Funds management

Big four move into red

The big four banks have moved into the red over the past week, with Westpac falling just under nine per cent....

Financial planning

Banks fall short on breach reporting

Breach reporting standards by the Big Four banks and AMP have been found wanting with an ASIC report finding institutions were failing to report adviser breaches on time....

Editorial

ASIC Report 499 — A grevious indictment

There can be no more grievous indictment of a service provider than that they continually charged for a service that was never provided....

Financial planning

Big licensees pay millions in fee refunds

ANZ, NAB, CBA, Westpac and AMP licensees have paid around $23.7 million in refunds for fees charged without the actual provision of advice, with the refund total likely t...

Financial planning

Degree-qualified planners in demand but scarce

The Big four banks and smaller planning firms were internally promoting tertiary qualified paraplanners to combat the shortage of experienced financial planners with degr...