LINDSAY MAXSTED

People & Products

John McFarlane will be the new chair of the Westpac board while current chair, Lindsay Maxsted, and board member, Anita Fung, will retire....

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People & Products

Former ANZ Group chief executive, John McFarlane has been announced as the chair-elect of Westpac and will be responsible for appointing the bank’s next chief executive....

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Financial planning

The authority has increased the bank’s capital requirement to $1 billion and will focus on directors and senior managers that breached the Banking Act in relation to the ...

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Financial planning

Westpac has announced the appointment of a board financial crime committee and Promontory Financial Group to undertake financial crime program review and external account...

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Policy & Regulation

Westpac has withheld the bonuses of its most senior executives and some of its general management until it determines who should be held accountable for its alleged AUSTR...

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Financial planning

Westpac has admitted that it did not fully appreciate the underlying risks entailed in running a financial planning business....

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Financial planning

Westpac chairman, Lindsay Maxsted has admitted the big banking group did not sufficiently recognise the risks in its financial planning business....

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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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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. ...

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ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

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Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

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