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WESTPAC
Policy & Regulation
The banks would be compelled out of the wealth management industry and AMP would have to break up its operations under policy proposals flagged by the Australian Greens i...
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. ...
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...
People & Products
OneVue has bolstered its cybersecurity team with the appointment of a chief information officer. ...
Financial planning
Westpac has admitted that it did not fully appreciate the underlying risks entailed in running a financial planning business....
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...
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...
Financial planning
Westpac chief executive, Brian Hartzer has acknowledged that the big banking group is ‘thinking through’ the future of its advice business....
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...
Financial planning
Westpac chief executive, Brian Hartzer has confirmed that senior executives within BT Financial Group suffered significant remuneration consequences for issues raised at ...
Funds management
The big four banks have moved into the red over the past week, with Westpac falling just under nine per cent....
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....
Funds management
The World Bank has partnered with two banks, Westpac and BNP Paribas, to launch the first Sustainable Growth Bonds for Australian investors....
Financial planning
The Federal Court has ordered Westpac to pay a $3.3 million penalty for its involvement in setting the BBSW in 2010. ...
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
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...