Britain’s Prime Minister Boris Johnson has professed that the recently secured Brexit trade deal falls short for financial services. In an interview with the Sunday Telegraph, Mr Johnson admitted that the Brexit trade deal “perhaps does not go as far as we would like” in determining Britain’s market access to the EU after 1 January […]
It’s an undeniable fact that the financial services industry is currently undergoing massive changes. While a stable global payment ecosystem is more critical than ever, the advent of neobanks and open banking are challenging industry norms and ushering in a new era of disruption. For decades, the incumbent financial institutions and payment solution providers dominated […]
The findings of the Royal Commission into the banking and financial services sector is expected to turn the finance industry on its head with fears of interest rate rises following a ban on broker commissions. Scottish Pacific CEO Peter Langham said that adding a broker fee for service would be detrimental to small business owners […]
The Sunsuper Australian Job Index has revealed that financial and insurance services were the worst performing industries of 2018 with employment demand dropping by almost 10 per cent. Sunsuper’s chief economist Brian Parker said it came as little surprise that financial services were among the weakest performing industries in 2018 when it came to […]
The Federal Government will appoint former senator Helen Coonan as the inaugural chair of the Australian Financial Complaints Authority (AFCA), established to provide small businesses and consumers with access to a free, fast and binding dispute resolution service for financial complaints. [Related: New Financial Complaints Authority will improve small businesses access to justice] Minister for […]
The financial services industry is in the midst of a digital revolution led by fintech startups. These nimble, customer-centric companies are rapidly establishing a new status quo as they hone in on the consumer and business pain points the large incumbents have failed to address. This week, for our exclusive “Let’s talk…” feature looking at […]
Virgin Money will offer life insurance in Australia, expanding on its superannuation and credit card offers early next year. Virgin Money will deliver life insurance through a freshly minted alliance with TOWER Australia.
Financial advisers beware; the federal government is about to embark on an overhaul of the financial advice sector, placing a new emphasis on consumer protection.
Anthony Bell doesn’t always do things like the rest of the mob. And as Camille Howard discovers, it’s clear that going his own way has worked out very nicely, allowing his boutique business to beat big companies in the competitive financial services sector, while retaining the benefits of being an SME. Anthony Bell exudes confidence. […]
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