One super fund’s efforts to properly serve remote Indigenous customers sparked a national change – which has helped women fleeing domestic violence and those who’ve lost everything in a flood or fire.
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Getting good advice can pay for itself many times over. But how do you find it? And what questions should you ask before signing up with a financial adviser?
On Friday the government will receive a report likely to recommend a requirement for advice in a client’s “best interests” be replaced with a requirement to give mere “good advice”.
Lowering education standards for financial adviser will do nothing to give the community more confidence in the industry.
There are good grounds to argue the competition watchdog, or federal treasurer Jim Chalmers, should be vetoing the deal.
The implosion of the Australian Securities and Investments Commission, has gone from tragedy to farce.
The royal commission wanted the corporate cop to first ask ‘why not litigate?’. The treasurer’s new guidelines suggest it should instead ask ‘why not negotiate?’.
In the 1700s ‘burial clubs’ emerged in response to fears of funeral poverty. These schemes persist today — along with marketing targeting the poor and vulnerable.
The Federal Court has all but made it illegal for insurance companies to dig for dirt and exploit the practice of retrospective underwriting.
The National Consumer Credit Protection Amendment bill goes against two explicit recommendations of the banking royal commission.
Economic circumstances do not justify the federal government’s rejection of the banking royal commission’s recommendations.
It was one of only two recommendations the government rejected.
ASIC is passing up opportunities to prosecute, all the more so in this ‘very different economic environment’.
Former Commonwealth Bank chief David Murray promised to restore AMP’s reputation. He was never the right executive for the job.
AMP’s handling of sexual harassment charges shows its culture is still rotten.
Businesses are reluctant to invest, but that might be because they know what they are doing.
The number one commandment of the anti money laundering law is “Know your customer”. AUSTRAC is alleging Westpac didn’t, and didn’t seem to want to.
It’s no wonder corporate wrongdoing occurs when the profits from wrongdoing outweigh the costs of being caught and punished.
The Rugby World Cup an tell us a lot about banking.
Evidence for the prime minister’s contention that the banks are “profiteering” is thin on the ground.
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