The latest issue of Financial Standard now available as an e-newspaper
Junk insurance lands Westpac in courtBY KARREN VERGARA | THURSDAY, 8 APR 2021 12:19PM
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums.
Read more: ASIC, CCI, Westpac, Bank of Queensland, Bendigo, Citigroup, Commonwealth Bank, Karen Chester, Latitude Finance Australia, NAB
|Sponsored by Eaton Vance|
Responsible Fixed-Income Investing with Calvert
BlackRock has advanced its expansion into China, obtaining a licence from the local regulator to operate in wealth management via a joint venture.
ASIC has banned the managing director of Theta Asset Management for four years from the financial services industry.
An Order of Australia recipient has been named the new chair of the Australian Financial Complaints Authority, replacing Helen Coonan.
Plenary Group has poached a four-person team from John Holland as it looks to bolster its integrated property capabilities.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|