WESTPAC

Financial planning

Bank customer satisfaction has seen its first positive monthly move since prior to the start of the Banking Royal Commission, according to Roy Morgan’s latest survey. ...

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Policy & Regulation

The Australian Securities and Investments Commission has signalled it is not yet finished with its already two-year-old court against Westpac/BT over alleged client ‘best...

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People & Products

OneVue has bolstered its cybersecurity team with the appointment of a chief information officer. ...

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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

The Financial Adviser Standards and Ethics Authority’s business plan has revealed the financial adviser exam will cost millions and be the authority’s single biggest expe...

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Financial planning

The Finance Sector Union has called for the current move to professionalisation to be extended beyond just planners, but has warned that there are issues with an industry...

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Financial planning

Westpac chief executive, Brian Hartzer has acknowledged that the big banking group is ‘thinking through’ the future of its advice business....

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Financial planning

At the same time as confirming Westpac has lost around half its authorised representatives since 2015 the bank’s chief executive has also confirmed a proposed industry so...

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Financial planning

Westpac chief executive, Brian Hartzer has confirmed that senior executives within BT Financial Group suffered significant remuneration consequences for issues raised at ...

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Funds management

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

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Policy & Regulation

The Royal Commission will today begin its final round of hearings looking at what caused the misconduct and what can be done to fix those causes....

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Funds management

The World Bank has partnered with two banks, Westpac and BNP Paribas, to launch the first Sustainable Growth Bonds for Australian investors....

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Financial planning

The Federal Court has ordered Westpac to pay a $3.3 million penalty for its involvement in setting the BBSW in 2010. ...

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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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Financial planning

Westpac Banking Group has managed stay in the black despite heavy customer remediation costs, with BT Financial Group weathering much of the difficulty....

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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 ...

4 weeks 1 day ago
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 ...

4 weeks 2 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks 2 days ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 1 day ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

4 weeks ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 1 day ago