national australia bank

Financial planning

National Australia Bank has announced two of its New Zealand-based subsidiaries will combine with Jarden Wealth to create a new wealth management entity with 113 financia...

Financial planning

Future Fund has most favourable public sentiment

BlackRock, NAB, Westpac and Vanguard are among the other highly-rated financial services organisations, according to Super Recruiters’ Network Investor Perception Ranking...

Funds management

Big four lend $35.5b to coal, oil, gas since Paris Agreement

Commonwealth Bank and ANZ are “the worst” offenders with each lending to projects with emissions equivalent to nearly eight years of Australia’s total greenhouse gas emis...

Funds management

NAB withdraws Capital Notes 4 offer

The bank said it was in the best interest of stakeholders to withdraw the offer as market volatility was likely to impact the trading value of the notes....

Funds management

Which Australian firm was a world-leading dividend payer?

Commonwealth Bank of Australia has retained its spot as one of the world’s biggest dividend payers, although it has fallen from 15th place in 2018 to 20th last year. ...

Financial planning

2020 date for NAB adviser annual fee agreements

Self-employed advisers working under National Australia Bank will find themselves moved to annual fee agreements in the first half of next year....

People & Products

NAB appoints non-executive director

Kathryn Fagg has been appointed as non-executive director, effective from mid-December 2019....

Financial planning

ASX reports fall of 3.5%

The Australian stock market fell by more than 3.5% last week over fears of escalations in the US/China trade war. ...

Financial planning

NAB to pay a further $1.18b in remediation

These charges were mainly for wealth and insurance-related matters and adviser service fees paid to self-employed advisers....

Financial planning

NAB names WSU as preferred education provider

National Australia Bank has selected Western Sydney University as its preferred provider for two of their FASEA-approved courses....

Policy & Regulation

Bundaberg adviser banned four years

Peter Goudie has been banned by ASIC for prioritising his own interest over his clients’ and not providing SOAs....

Policy & Regulation

ASIC sues NAB for unlicensed home loan introducers

ASIC has sued NAB for dealing with unlicensed home loan introducers in one of the first pieces of litigation resulting from the Royal Commission....

Financial planning

Do managed accounts equate to in-house products?

A senior financial services lawyer has warned that managed accounts may equate to the selling of in-house assets in the eyes of the Australian Securities and Investments ...

Financial planning

NAB expects further adviser provisioning

National Australia Bank has revealed it is expecting to have to provide further provisioning around client remediation for adviser service fees for self-employed advisers...

Policy & Regulation

ICMA welcomes Parliamentary audit inquiry

The Institute of Certified Management Accountants has welcomed a parliamentary inquiry into the conduct of audit firms. ...