CBA

Accounting

The Commonwealth Bank board may be backing its chief executive, Ian Narev but both he and his senior executive team are being made to take a remuneration haircut....

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Financial planning

The Big Four banks have all increased their share of their customers’ dollars, or ‘share of wallet’, in the last decade....

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Financial planning

Results for the six months to 17 May show satisfaction with the big four banks has continued its steady increase....

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Financial planning

There will be little or no opportunity for redeployment of the 150 back office jobs within CBA that are to be cut, according to the FSU....

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Financial planning

The CBA has thus far paid over $29 million in compensation for its customers who received poor advice from CFP or Financial Wisdom between 2003 and 2012....

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Policy & Regulation

The major banks have made clear to shareholders that the Government’s bank levy will erode their dividends....

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Financial planning

The Commonwealth Bank had today announced the appointment of Coen Jonker to the position of group executive international financial services....

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Funds management

Commonwealth Bank saw income growth, continued cost discipline and sound credit quality during the third quarter of 2017....

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Financial planning

The financial services industry needs to place as much emphasis on education on long-term asset accumulation as it does on everyday budgeting and money, CBA believes....

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Superannuation

There has been a tendency across the advice industry to use a cookie cutter model and this will need to be expanded to service the needs of SMSF trustees, according to a ...

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Financial planning

Almost half of all Australians are uncomfortable with their current level of spending while one in three would not be able to find $500 in an emergency....

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Funds management

BNY Mellon Investment Management has been awarded a mandate from Commonwealth Bank Group Superannuation scheme....

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Financial planning

The Commonwealth Bank of Australia has today announced the promotion of Rob Jesudason to the position of group chief financial officer....

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Financial planning

The wealth division of CBA has rejected suggestions it deliberately avoids paying customers in its claims handling department in its opening remarks to the PJC....

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Superannuation

The Finance Sector Union has accused the Commonwealth Bank of falling short of its superannuation guarantee obligations to part-time employees....

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 week 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

2 weeks 2 days ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

1 month ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 weeks 1 day ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 weeks ago

The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients....

1 week 5 days ago