#Financial Services
Royal Commission into banking turns finance industry on its head
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 […]
Study reveals finance is one of the weakest performing industries
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 […]
Howard Govt veteran Helen Coonan will chair authority tackling SME financial complaints
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 […]
Virgin Money life insurance to launch with TOWER
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.
Anthony Bell: Making it big in financial services
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. […]