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07 November 2017 • By Jessica Yun • 1 min read

Big banks face ‘critical’ challenges: KPMG, EY

The big four banks have delivered ‘solid’ full-year results in 2016-17, but face technological and regulatory headwinds, according to both KPMG and EY

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Millennials’ super fund balances grow 382%

Superannuation fund balances held by the Millennial demographic have risen $226 billion in the last decade, Roy Morgan research has found

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Banned stockbroker sentenced for dishonest conduct

Former stockbroker Lewis Anthony Wright Fellowes has been sentenced to prison for dishonestly using client funds for personal financial gain following ...

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Former NAB director to chair Wingate committee

Former Foxtel and NAB non-executive director Paul Rizzo has been appointed as chairman of Wingate Investment Partners Trust’s investment committee

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Berkshire Capital expands Australian presence

New York-headquartered investment bank Berkshire Capital has announced the appointment of two financial services industry veterans to lead its ...

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Online broker announces IPO

SelfWealth has announced the release of 37.5 million shares, with hopes its initial public offering will raise $7.5 million. The company – which ...

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‘Rock star’ managers can damage culture

The popular funds management model of having a ‘star’ portfolio manager creates risks for investors and can potentially damage a company’s culture, ...

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Banks ‘willing to change’: former ANZ CEO

Financial institutions are willing and able to innovate, but fintech disruptors have a natural advantage, says former ANZ chief executive Mike Smith

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FOFA driving advisers away from platforms

The pressure to comply with the FOFA best interests duty is compelling many financial advisers to abandon traditional wealth management platforms, ...

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Government consults on AFCA

The Coalition government has released a consultation paper on the terms of reference, governance and funding arrangements for the new Australian ...

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