POWERED BY MOMENTUM MEDIA
COMMONWEALTH FINANCIAL PLANNING
Financial planning
Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of t...
Policy & Regulation
Peter Jianchao Xu has been banned by the Australian Securities and Investments Commission for failing to comply with best interests duty....
Financial planning
Rising authorised representative costs might make it more sensible for independent financial advisers with relatively low turnovers to consider becoming salaried planners...
Financial planning
The Commonwealth Bank has cleared the way for exiting its self-employed adviser ‘Pathways’ franchise following issues initially notified to the Australian Competition and...
Financial planning
The Australian Securities and Investments Commission has confirmed that Commonwealth Financial Planning has cleared its enforceable undertaking obligations regarding fee ...
Financial planning
The cessation of ongoing service fees for salaried planners will cost the Commonwealth Bank $40 million....
Policy & Regulation
Commonwealth Financial Planning failed to meet its obligations to ASIC under a Court enforceable undertaking, and must now stop charging fees for ongoing services. ...
Financial planning
Commonwealth Financial Planning has sought an extension of time from the independent expert appointed to oversee the outcome of its enforceable undertaking (EU) over fees...
Financial planning
A former Commonwealth Financial Planning senior planner has pleaded guilty to one rolled-up charge alleging forgery....
Financial planning
FOS’ annual comparative tables of dispute statistics showed the number of managed investment disputes at Commonwealth Financial Planning doubled in its planner arena....
Financial planning
A forensic report found the CBA failed to meet the time-frames for several clients who requested reviews for poor advice provided between 2003 and 2012....
Financial planning
The Commonwealth Bank has offered almost $4.9 million in compensation to clients who received poor advice while it has offered compensation to 201 cases for poor advice i...
Funds management
CBA has re-signed Morningstar as its primary investment research provider for its wealth management business. ...
Financial planning
CBA has paid over $4.8 million in compensation so far to clients who received poor advice or were charged incorrect fees....
People & Products
Commonwealth Financial Planning general manager, Harry Mitchell, has been appointed as chief executive of Mine Wealth + Wellbeing....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...