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Banks will not relinquish sales culture says adviser

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MM Newsletter
  May 04, 2017 

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Preparing for the upcoming superannuation reforms: Practical SMSF investment strategies

Request a copy of BetaShares’ practical investment guide for advisers, and learn about 4 strategies using exchange traded investment funds to help prepare you for the upcoming Super reforms. For more

Latest News

Reviews, Royal Commission will not change bank culture

Reviews into retail banking remuneration may raise awareness about the sales culture but it will not alter the product-pushing behaviour of banks and other financial institutions. For more

The FPA makes key appointments

The Financial Planning Association’s bid to become a code-monitoring body has taken another step with the appointment of two senior lawyers to oversee its Conduct Review Commission. For more

Super funds need to better explain insurance

Superannuation funds need to provide new members with an easily understood but detailed explanation of what, precisely, insurance within super is delivering, according to the Insurance in Superannuation Working Group. For more

NAB reports $2.55 billion first half profit

National Australia Bank appears to be consolidating its profit position behind recent strategic changes but its wealth business continues to face challenges. For more

ANZ sells stake in Australian JV

ETF Securities Group has announced it will take the full ownership of the ANZ ETFs joint venture. For more

Sponsored Content

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Legg Mason Education Series - Part 1 - Outlook for Australian Bonds

How can an actively managed bond fund keep pace with today’s rapidly changing investment environment? Anthony Kirkham from Western Asset (a Legg Mason Company) discusses the outlook for Australian Bonds. For more

Latest News

Stand-alone act needed for whistleblowers

A robust and independent whistleblowing process needs to replace the current act to help employees feel comfortable about fearlessly reporting misconduct, the Governance Institute of Australia believes. For more

Salary and wages 2017 – tell us what you are worth

Once again, Money Management is conducting its annual salary survey to gauge how the financial services sector is evolving and how it is affecting wages and salaries. For more

Lonsec focuses on ESG and SRI sectors

Lonsec Research has strengthened its focus on the environmental, social and governance and socially responsible investing sectors. For more

ASIC cracks down on debt firms’ false advertising

A debt solutions firm has been given an infringement notice and two others have been investigated by the Australian Securities and Investments Commission for misleading advertisements. For more

BetaShares opens Melbourne office

BetaShares has opened a new office in Melbourne, and has appointed Damon Riscalla as national manager, adviser services. For more


Only a jackass would breed a mule

Allowing young Australians to access their super to fund home purchases is tantamount to crossing a quarter-horse with a donkey to deliver a not very pretty mule. For more

Objectively winding back the ‘significance test’

Mike Taylor writes that when the Government introduced the ‘significance test’ to the AFSL breach reporting regime in 2003 it was seen as sensible moderation but all that might be about to change. For more

Expert Analysis

Why old-school analysis may pay off in 2017

To take advantage of volatility, investors are expected to refocus on diligent research to determine a company’s value, writes Natalie Tam. For more

Helping clients understand smart beta

Smart beta is not a fad and demand is growing quickly within equity investing and beyond, Jon Howie explains. For more
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