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WESTPAC
Financial planning
New data has confirmed the degree to which the Government’s $1.6 million pension cap has choked flows into retirement income....
Financial planning
Customer satisfaction with banks in the last six months to January reaches 81.2 per cent, with CBA maintaining the highest rate despite recent regulatory allegations. ...
Policy & Regulation
The Australian Securities and Investments Commission has banned Queensland financial adviser, Christopher Ramsay, from providing financial services for five years for fai...
Policy & Regulation
Australia’s five largest banking and financial services institutions have paid a further $21.4 million to customers who suffered losses as a result of non-compliant condu...
People & Products
Former KPMG national chairman, Peter Nash, has been added to the board of Westpac....
Financial planning
Ten per cent of advice files from the major banks and AMP sampled by the Australian Securities and Investments Commission proved to be of significant concern....
Financial planning
Major banks paid or offered customers $215.9 million of an estimated $219.5 million in refunds and interests for failing to provide advice....
Policy & Regulation
The Australian Securities and Investments Commission has stated that Westpac Banking Corporation would provide refunds to 13,000 customers due to a system error....
Financial planning
Westpac has posted solid full year result, with a seven per cent growth in statutory net profit, although BT Financial Group saw a softer year....
Funds management
Westpac Banking Corporation and Northill Capital have announced they have entered into an agreement for the sale of global infrastructure manager, Hastings....
People & Products
Former Westpac executive and executive chairperson of the Carnival Group, Ann Sherry, has been added to the board of NAB....
Financial planning
The CBA was the first bank yesterday to announce it was removing ATM withdrawal fees, and was quickly followed by the other majors amid continuing calls for a Royal Commi...
People & Products
The Commonwealth Bank has appointed former Westpac and NSW Government executive, Robert Whitfield to its board....
People & Products
Westpac Banking Corporation had today announced the appointment of Nerida Caesar to its board of directors....
Funds management
Westpac has entered into exclusive discussions with Charter Hall to sell Hastings Management....
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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...