Deloitte has warned that superannuation funds will dominate the ASX within 20 years as total assets hit $10.2 trillion in 2038.
Slater and Gordon today filed a class action against AMP on behalf of over 2 million Australians.
ASIC has suspended the Australian Financial Services licence of a financial advice dealer group for breaching its obligations and failing to obtain AFCA membership.
The major life insurer has confirmed that 50 employees have lost their jobs amid a shakeup of the group's direct sales business.
The life insurance giant has confirmed that it will reduce the total number of jobs in its retail channel following a strategic review.
The investment bank has warned that the lack of borrower understanding of interest-only loan terms is “concerning”.
The major bank today announced a range of changes to its executive leadership team and the formation of a new Customer Experience division.
A managed account provider has revealed that wealth managers are paying far less than they have in previous years for platform providers and administration services as competition intensifies.
The major bank has announced a successor to replace outgoing chairman Lindsay Maxsted.
Westpac CEO Brian Hartzer will step down following an AUSTRAC investigation that alleged the bank breached money laundering laws 23 million times.
The major bank has confirmed that head of BT advice Janet Watts will move to the group’s consumer bank as general manager of retail and premium.
Westpac has been ordered by the Federal Court of Australia to pay a pecuniary penalty of $3.3 million for contravening s12CC of the ASIC Act through its involvement in setting bank bill swap rates (BBSW) in 2010.
BREAKING Westpac has been hit with a class action lawsuit from irate shareholders.
The major bank has today provided an update on accounting provisions for remediation associated with authorised representatives in relation to certain ongoing advice service fees.
The big four bank has today announced that its cash earnings for the second half of 2019 will be reduced by $341 million due to customer remediation programs.
Platform providers are quick to showcase their savvy tech credentials and marketing prowess. But what is the engine that actually drives these companies?
Zenith Investment Partners has snapped up a major New Zealand research group as it expands into overseas markets.
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