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Financial advisors

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Westpac faces ASIC legal action over sacked financial adviser

Westpac faces ASIC legal action over sacked financial adviser

An "emboldened" corporate cop is taking legal action against Westpac over allegedly poor advice given by a sacked adviser.

  • by Clancy Yeates

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More women will end up alone and managing their money by themselves

More women will end up alone and managing their money by themselves

Through death and divorce women are likely to end up holding the financial reins but few prepare themselves for this happening.

  • by Georgina Dent
Why AMP shares are a 'terrible investment'
Opinion
Opinion

Why AMP shares are a 'terrible investment'

AMP shares have slumped more than 80 per cent but things could get much worse, with little prospect for upside.

  • by Scott Phillips
'Read email thoroughly, it contains unhappy news': Dover shuts down
Regulation

'Read email thoroughly, it contains unhappy news': Dover shuts down

Its founder sensationally collapsed at the Royal Commission now he's closing the doors on Dover's advice arm.

  • by Mathew Dunckley & Sarah Danckert
AMP faces third shareholder class action
AMP

AMP faces third shareholder class action

Shine Lawyers filed a statement of claim in the Federal Court, alleging AMP engaged in misleading and deceptive conduct.

  • by Simone Ziaziaris
Female-only AMP board resignations reflect 'cultural issues': Rubin
AMP

Female-only AMP board resignations reflect 'cultural issues': Rubin

Former Australian Super chairwoman Elana Rubin says she was 'struck' by the fact that no male directors had stepped down from AMP.

  • by Clancy Yeates
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ASIC vows to use 'every inch' of its powers to ramp up bank scrutiny
Banking royal commission

ASIC vows to use 'every inch' of its powers to ramp up bank scrutiny

The corporate watchdog slammed the industry for failing to act in customers' interests and manage conflicts of interest.

  • by Clancy Yeates
AMP governance failures adding pressure to rating: Moody's
AMP

AMP governance failures adding pressure to rating: Moody's

The potential for reputational damage and additional legal and compliance costs are pressuring AMP's credit profile, the ratings agency says.

AMP's new chairman declares the company is in crisis
Exclusive
AMP

AMP's new chairman declares the company is in crisis

David Murray is not known for mincing his words, and he is typically frank when describing the challenge he confronts.

  • by Clancy Yeates
'You can't regulate for culture': next AMP chair David Murray
AMP

'You can't regulate for culture': next AMP chair David Murray

The next chairman of troubled wealth giant AMP maintains that addressing the financial sector's cultural problems cannot be done with regulation alone.

  • by Clancy Yeates
Inside the budget measures for our long lives
Retirement living

Inside the budget measures for our long lives

This year's federal budget has a lot of positives for older Australians, particularly those using aged care.

  • by John Collett