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Showing 1571 - 1580 of 4762 results for "banking"

Royal Commission latest: CBA doing more with fewer advisers

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... slashed adviser numbers and doubled its client base. This is according to CBA executive general manager of the private banking division Marianne Perkovic, who fronted the afternoon session of the financial services Royal Commission on Wednesday. Senior ...

Former Suncorp adviser banned

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... personal and business expenses, to the tune of $1,951,000. The bans arrive as the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry hears damning evidence of deliberate practices in Australia's high-profile ...

Industry welcomes final Better Banking report

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... final report of a two year reform program has outlined the progress made by Australia's banks in implementing the Better Banking Reforms Program. Handing down the report, independent governance expert Ian McPhee said commitment to the package of initiatives ...

Why wait for Royal Commission to address trust?

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... executive officer and managing director Chris Whitehead, the findings demonstrate the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is redundant; with consumers already firm in the belief that professional ...

RC findings bring shame on advice industry: social media

ALEX BURKE  |  TUESDAY, 17 APR 2018
... 2018 Narrabundah Partners principal Shaun Gath criticised the industry's evasive responses to questions. Watching the Banking Royal commission, I'm reminded of what we recommended to the Joint Parliamentary Committee 9 years ago regarding fee for no ...

Fintech launches active trading platform with no monthly fees

KANIKA SOOD  |  TUESDAY, 17 APR 2018
... Australia is a wholly-owned subsidiary of Denmark-based Saxo Bank which specialises in multi-asset trading, investment and banking-as-a-service solutions for wholesale clients.

BTFG platform and investment expert resigns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
... launched BT Super for Life - a low-cost super option where customers can manage their super alongside everyday online banking. More recently he helped drive the development and delivery of BT Panorama, which has grown from $1 billion to more than $9 ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
... "Concentrating on revenue rather than acting in the best interest of customers has been the cause of much of the misconduct within banking over recent years." "We expect this round of case studies to identify similar cultural and systemic problems as ...

Social media singles out ASIC in Royal Commission coverage

ALEX BURKE  |  MONDAY, 16 APR 2018
ASIC was a specific target by social media commentators during the first round of hearings for the Royal Commission into Australia's biggest providers of financial advice. Commentators on Twitter were broadly critical of ASIC's attempts to police and ...

Royal Commission must cast net wider

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... appear before the Royal Commission in a separate round. The inquiry, after all, has a remit to detail misconduct in the banking, superannuation and financial services industry. The Commission must also inquire whether superannuation entities have misused ...