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| | | ... this week, financial services executives and commentators took to twitter to have their say. The Royal Commission into banking is correct... having multiple super accounts may mean paying way too much in insurance and fees. Apathy will mean that you ... |
| | | | ... Commission. Speaking about confronting allegations at the Royal Commission, the NAB chief executive said it was clear the banking and wealth management group had not met the standard it expects. "And I'm sorry for that," Thorburn said. "It's ... |
| | | | The global banking giant has partnered with multi-affiliate boutique manager Pinnacle to launch a new Australian-domiciled global infrastructure fund, as it eyes the retail and adviser market. The Pinnacle BNY Mellon Global Infrastructure Yield Fund ... |
| | | | ... the CBA innovation lab's blockchain centre of excellence. CBA international executive general manager of institutional banking and markets James Wall said the bank took a collaborative approach to innovation, having partnered with other financial institutions ... |
| | | | ... employees. But, we know with certainty that some institutions have sought to negotiate with employers and leverage business banking relationships into a change of default fund applying at the workplace," Silk said. Responding to questions from counsel ... |
| | | | ... choices, was to simplify the bank. This means the bank will focus on its Australian and New Zealand retail and commercial banking businesses that generate more than 90% of the group's profits. Although NewCo generated $568 million cash profit in ... |
| | | | ... retain its MySuper authorisation. As the regulator prepares to appear before the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, APRA also called for enhanced powers, saying its experience led it to believe ... |
| | | | ... ranging from controlling or restricting access to money to running up debt in a victim's name. In June, the Australian Banking Association, National Seniors, Council on the Ageing, Older Persons Action Network and the Financial Services Union joined ... |
| | | | ... risky - evidenced he says, by Westpac's decision to no longer offer SMSF loans. In our new poll, we ask: Since the banking and financial services Royal Commission, the levels of consumer trust and satisfaction have worsened. Do you agree? Let us ... |
| | | | ... Australia's financial system. The 686-page document, released on Friday, unveiled larger, highly profitable institutions in banking and insurance have "entrenched market power" driven by opaque pricing, conflicted advice and remuneration arrangements. ... |
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