WESTPAC

Financial planning

The Big Four banks have all increased their share of their customers’ dollars, or ‘share of wallet’, in the last decade....

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Financial planning

Results for the six months to 17 May show satisfaction with the big four banks has continued its steady increase....

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Funds management

Westpac Group has announced the completion of a partial sell-down of its stake in BT Investment Management....

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Policy & Regulation

The major banks have made clear to shareholders that the Government’s bank levy will erode their dividends....

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Financial planning

Westpac Group has reported a strong first-half with profit up six per cent to $3,907 million, but its wealth division results including financial planning remain mixed....

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Financial planning

A Parliamentary Committee has been told it takes an average of only 3.8 days for planners to get permission to recommend a non-APL product to clients....

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Financial planning

ASIC has accepted enforceable undertakings from Westpac and ANZ to address inadequacies with their wholesale FX businesses....

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People & Products

Westpac’s long-serving deputy chief executive, Phil Coffey has announced his retirement, with his last day being on 31 May....

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Editorial

Mike Taylor writes that in a delicately-balanced House of Representatives there is no guarantee the Government can continue to deflect pressure for a banking Royal Commis...

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Financial planning

ASIC has commenced civil penalty proceedings against Westpac for breaching home-loan responsible lending laws....

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News

ING Direct has today announced the appointment of Melanie Evans to the position of head of retail banking....

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Financial planning

ASIC has banned a former Westpac financial adviser from providing financial services for eight years after finding cases of inappropriate advice provided to clients....

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Financial planning

BTFG’s contributions to Westpac has declined by four per cent to $876 million in cash earnings thanks to weak results in wealth in a challenging environment. ...

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Financial planning

ANZ, NAB, CBA, Westpac and AMP licensees have paid around $23.7 million in refunds for fees charged without the actual provision of advice, with the refund total likely t...

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News

Despite the negative publicity around the banking inquiry, bank customer satisfaction improved in September, Roy Morgan Research found....

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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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