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Showing 5301 - 5310 of 17956 results for "Bank"

BTFG platform and investment expert resigns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
BT Financial Group announced its general manager of platforms and investments will leave after 14 years with the firm. It has also appointed NAB's general manager of retail platforms to the role. John Shuttleworth managed BTFG's platforms business since ...

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Freedom Insurance Group (FIG) announced it will acquire a bank's insurance arm for $65 million. FIG has entered into an agreement to purchase St Andrew's Insurance from the Bank of Queensland in a bid to diversify its insurance products. The specialist ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
... of the financial services Royal Commission: NAB details serious compliance concerns in RC advice submission Commonwealth Bank refunding millions in fees for no service ANZ issues last minute RC submission correction Royal Commission must cast net wider ...

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 ...

NAB details serious compliance concerns in RC advice submission

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... between 1 January 2009 and 1 January 2018, it identified 68 advisers engaging in the provision of inappropriate advice. The bank identified multiple instances of misconduct leading to financial loss by customers, including backdating of documents, misleading ...

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... of the financial services Royal Commission: NAB details serious compliance concerns in RC advice submission Commonwealth Bank refunding millions in fees for no service ANZ issues last minute RC submission correction Royal Commission must cast net wid ...

AMP executive 'apologises' for advice failings

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... AMP's buyer of last resort measures scrutinised NAB details serious compliance concerns in RC advice submission Commonwealth Bank refunding millions in fees for no service ANZ issues last minute RC submission correction Royal Commission must cast net ...

Commonwealth Bank refunding millions in fees for no service

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
In its three submissions to the Royal Commission, Commonwealth Bank has admitted to at least $118.5 million of fee for no service misconduct. Providing examples of misconduct by authorised representatives and financial advisers employed by CBA and related ...

ANZ issues last minute RC submission correction

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... fraudulent uses of Powers of Attorney; falsely witnessing documents; and the transfer of client funds into advisers' personal bank accounts. ANZ also admitted that from 2003 to 2015, certain associated entities deducted fees from the accounts of about ...

Lonsec names group chief executive

KARREN VERGARA  |  MONDAY, 16 APR 2018
Lonsec has appointed a new group chief executive and a director to assist the research firm's continued growth trajectory. Charlie Haynes will lead the research firm as chief executive. He brings more than 30 years' experience having worked for global ...