Business
Banking & finance
Most big bank planners fail to act in their client's interests - ASIC
Most big bank financial planners failed to comply with a duty to act in customers' best interests when telling people to put their super in an in-house fund.
- by Clancy Yeates
Latest
Big four
CBA to pay $1.9 million in advice compensation
The Commonwealth Bank has compensated customers a total of $1.9 million over poor advice provided by five financial planners, ASIC said.
- by Clancy Yeates
Financial advisors
How to find the right financial adviser for you
It’s the start of a New Year and many Australians resolve to get their finances in order with a hope to have a more successful year financially.
- by Olivia Maragna
Big four
CBA shareholders face another tough year, says Citi
Commonwealth Bank shareholders should brace for a "much more challenging" earnings environment, Citi says.
- by Clancy Yeates
Big four
NAB wealth sale could make strategic sense: analysts
National Australia Bank could bolster its returns and lower the risk of repuational damage by offloading its remaining wealth operations.
- by Clancy Yeates
Opinion
Big four
One area where the banks are getting it right: curbing coal
For all their flaws, banks are doing more than the government to move investment away from coal.
- by Clancy Yeates
BDO facing legal action over mining report
Leading Australian accounting firm BDO is being sued over an allegedly “misleading and deceptive” independent expert report which supported a proposed merger of tin miner Kasbah Resources Limited with a Canadian-listed company.
- by Richard Baker & Nick Mckenzie
Financial advisors
ASIC warns advisers over 'widespread' false witnessing
There is a "widespread" problem with financial advisers cutting corners when clients sign a key superannuation document, the corporate cop has warned.
- by Clancy Yeates
Opinion
Ethical investing
Is the 'dumbest idea' in capitalism on its last legs?
Turns out pursuing profit above all else is simply bad business.
- by John McDuling
Commonwealth Bank
Former CBA planner banned after cutting and pasting signatures
A former CBA financial planner has been banned after ASIC alleged she cut customer signatures from documents kept on file and pasted them onto new documents.
- by Clancy Yeates
Consumer rights
Allianz, Suncorp refund $62.8m to customers from insurance sold by car dealers
Insurance giants Allianz and Suncorp will refund a combined $65.2 million in premiums from add-on insurance to more than 100,000 customers.
- by Clancy Yeates