Australia
Aussie regulator sues banking giant
For allegedly misleading customers and failing to provide promised benefits for three decades
Aussie regulator rolls out financial advice hub
It will help ‘industry participants reduce compliance cost’
Westpac agrees to pay A$113m penalty
After regulator alleges the bank charged advice fees to over 11,000 deceased customers
Manulife IM teams up with Aussie wealth firm
To develop retirement income solutions for retail investors across the country
AMP agrees ‘A$40-45m’ redress deal with Aussie regulator
Firm commits to court enforceable undertaking to fix governance and risk management deficiencies