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Showing 91 - 100 of 608 results for "Big Four"

Super funds called out over liquidity

ELIZA BAVIN | MONDAY, 30 MAR 2020

... early April. Hearings on the financial advice sector will be scheduled for later in 2020. Wilson said hearings with the big four banks, which were scheduled for June this year, will be deferred until later in 2020. "It remains important that the banks ...

Why banks are lifting TD rates

ALLY SELBY | FRIDAY, 27 MAR 2020

... week start offering a market-leading rate of 2% for an eight-month term deposit for people aged 65 and over." Of the big four, CBA lifted term deposits for 12 months to 1.7%, with Westpac matching the same rate as CBA. NAB lifted rates 5bps higher to ...

Avoid listed wealth giants: UBS

HARRISON WORLEY | WEDNESDAY, 25 MAR 2020

... Laying out how Australian equities can help investors through the current period of market volatility, UBS's analysts said big four bank ANZ was likely to prove a positive purchase given it could be used as an alternative source of yield thanks to its ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY | FRIDAY, 20 MAR 2020

... interest margins and non-interest income, there is little doubt management will have a significant focus on costs." The big four have witnessed similar blows to Macquarie since the beginning of the COVID-19 sell-off. CBA has fallen 31.1% since February ...

Advisers choose remediation over advice

ELIZABETH MCARTHUR | FRIDAY, 14 FEB 2020

... Profusion Group, a recruiter that specialises in the banking and financial services sector. Gordon recruits for some of the big four financial institutions, industry superannuation funds and dealer groups. He recently took to LinkedIn to call for financial ...

Super fund reveals ASX 100 equality laggards

ALLY SELBY | TUESDAY, 11 FEB 2020

... Equality Agency (WGEA), giving them an averaged percentage score for how close the company was to meeting best practice. The big four performed well, with National Australia Bank, Westpac, ANZ, and the Commonwealth Bank scoring 89%, 89%, 88% and 83% ...

Where to from here?

JAMIE WILLIAMSON | WEDNESDAY, 5 FEB 2020

... final report saw it turn to a buyer's market, Radar Results said. Add to this that just last month the firm said the big four banks are now refusing to loan less than $1 million to practices, forcing them to turn to non-traditional lenders and pay much ...

Banking sector losses continue

ELIZA BAVIN | THURSDAY, 23 JAN 2020

Australian banks continue to take a beating, with all of the Big Four losing brand value, according to a report from Brand Finance Australia. The report said the hit comes as the delayed effects of the global economic slowdown are being felt around ...

Latitude Financial joins banks on AFCA complaints list

ALLY SELBY | MONDAY, 13 JAN 2020

Latitude Financial Group has joined the big four banks and a number of insurers as the most complained about financial services companies in the country. It comes after a particularly bad year for Latitude; suffering what has been deemed the biggest ...

IOOF identifies 67 high risk advisers

ELIZA BAVIN | FRIDAY, 10 JAN 2020

... provide further information once it has completed its internal analysis. Despite remediation payments lagging behind the big four banks, IOOF said it believes doing analysis over a six month period would be considered "reasonably swift".

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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