ANZ sets up $30m compensation program for advice clientsBY LAURA MILLAN | THURSDAY, 16 APR 2015 12:40PMANZ will reimburse $30 million to clients of its financial planning business who did not get the annual reviews promised as part of the bank's advice and investment service. Related News |
Editor's Choice
Vale Garry Wyatt
Garry Wyatt, the co-founder and chief executive of Insync Funds Management, has sadly passed away.
NRF appoints inaugural chief investment officer
The National Reconstruction Fund has named its first chief investment officer.
First Bitcoin ETF to launch this week on ASX
VanEck will make history this week as the first investment manager to launch a Bitcoin ETF on the ASX.
More Aussies anticipate renting in retirement: Vanguard
An increasing number of Australians expect to be paying off a mortgage or forced to rent in retirement, according to the latest Vanguard How Australia Retires survey.
Further Reading
![]() | Know the facts about lifetime annuitiesSaving for a happy retirement is Australia's #1 financial goal. Learn how LifeIncome can deliver more income, certainty, & choice. |
Products
Featured Profile
![Phil Usher](https://media.financialstandard.com.au/prod/media/library/Contacts/cwyzorar-0002_featured_profile.png)
Phil Usher
CHIEF EXECUTIVE OFFICER
FIRST NATIONS FOUNDATION
FIRST NATIONS FOUNDATION
Taking a gamble to steady the ship as chief executive of First Nations Foundation, Phil Usher has turned it into a more secure, self sustaining entity, far better equipped to empower First Nations people to achieve financial prosperity. Andrew McKean writes.
Why weren't the reviews carried out? Oh, that's right, because in my opinion Bank planners focus more on distributing products more than looking after their existing clients.