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Westpac is paying back almost a third of the advice fees its authorised representatives received from customers over a 10-year period. In the case of salaried advisers the payback is about 28 per cent.. read more

ME Bank has had a big board makeover, with a new chair and two directors. The number of directors has been increased to eight. read more

Debt collector Pioneer Credit has received "several confidential, non-binding, indicative proposals", the company reported to the ASX yesterday. read more

Two of Australia's big banks lost a little ground in global banking rankings over the past year, while China's big four remain firmly entrenched at the top of the ladder. read more

Revenue trends among the big banks reporting their half-year results over the coming week will be weak, according to one analyst's preview of the results. And NAB will cut its dividend. read more

Australia is lagging behind on the development of sustainability linked loans, a new finance category that is growing quickly in overseas markets. read more

The practical application of any extension of the Australian Financial Complaints Authority's mandate back to 2008 is doubtful, leaving the sector flat out underinsured. read more

Close to a quarter of Australians have no financial back-up plan for dealing with a period of unemployment or time away from work. And a significant proportion are not saving. read more

More than 1.5 per cent of NAB's workforce will be tasked to sort out a remediation bill estimated last week at $1.1 billion, and rising. read more

The Consumer Action Law Centre has gone for broke in the debate about code enforceability, calling for all sectors of the finance industry to be covered by codes, all businesses operating in a sector.. read more