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WESTPAC
Superannuation
While the majority of SMSFs continue to hold cash, there are signs that as much as $7.35 billion will be reinvested within the next 12 months....
Financial planning
Westpac has agreed to withdraw and modify communications sent to customers regarding credit limit increase invitations after ASIC formed the view they were misleading....
Financial planning
Consumer satisfaction with the big four banks has declined by a further 0.4 percentage points to 76.9 per cent in March, the second decline since February, according to t...
Superannuation
Enquiries about direct property are on the rise, but the subdued residential property market appears to be preventing self-managed superannuation fund clients from pullin...
Financial planning
According to Roy Morgan Research's Business Satisfaction - Business Banking in Australia Monthly Report March 2012, business bank customer satisfaction has fallen for the...
Financial planning
Standard & Poor's Fund Services announced that it had this week assigned ratings to various sibling funds managed by a range of fund managers....
Financial planning
Mortgage aggregator Vow Financial has added four non-major bank lenders to its lending panel in a move it claims is indicative of a trend away from the big four banks....
Financial planning
Overall satisfaction levels among bank customers fell to 79.3 per cent in February - down from 79.6 per cent in January, showing the first monthly decline since March 201...
Financial planning
New Zealand retail funds under management grew by 3.4 per cent in the December 2011 quarter to $28.6 billion, replicating growth in the same period in 2010, according to ...
Funds management
BetaShares has launched a cash ETF that it expects to offer returns that will compete with term deposit rates, but without the lockup period or early withdrawal fees....
Superannuation
Funds under management/advice (FUM/A) for the combined retail and wholesale market dropped by 8 per cent in the 12 months to 31 December 2011, according to DEXX&R....
People & Products
Westpac group has announced two senior appointments, with George Frazis to head up St George Bank and Peter Clare to take over the reins at Westpac New Zealand....
Funds management
Funds under management/advice (FUM/A) for the combined retail and wholesale market dropped by 8 per cent in the 12 months to 31 December 2011, according to DEXX&R....
Life/Risk
The risk insurance industry has defied all odds and continued to experience strong growth amid economic uncertainty. However, that is not to say the sector has managed to...
Financial planning
Customer satisfaction among Australian banks has grown to its highest level in the past 16 years, but sentiment among business customers still lags behind that of persona...
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MARKET INSIGHTS
Podcast
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...