CBA

Financial planning

CBA has completed assessing the remaining cases in its advice review program, with the compensation amount totalling $23 million to date....

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Superannuation

A comfortable retirement is only expected for 53 per cent of Australian households, according to a report....

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Accounting

Small and regional banks have been found to be the highest-performing in Australia when ranked on issues related to customer satisfaction....

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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....

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Life/Risk

CommInsure has received positive feedback from the launch of a tele claims service and updates to its product offerings....

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Financial planning

CBA has reported a slight uptick in AUM and FUA in its wealth management division in a period where the sector had not met expectations for other banks such as ANZ and We...

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Financial planning

ANZ, NAB, CBA, Westpac and AMP licensees have paid around $23.7 million in refunds for fees charged without the actual provision of advice, with the refund total likely t...

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News

Despite the negative publicity around the banking inquiry, bank customer satisfaction improved in September, Roy Morgan Research found....

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Financial planning

Customer advocacy ratings show that the big banks have failed to maintain stability when it comes to customer satisfaction and loyalty....

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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...

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Financial planning

Overall customer satisfaction levels for the Big Four remain high despite negative publicity and decreased home-loan customer satisfaction, according to a Roy Morgan surv...

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Financial planning

The Commonwealth Bank of Australia has paid $180,000 for four infringement notices for breaches of responsible lending law....

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Financial planning

The Commonwealth Bank has so far paid over $9.4 million to over 700 customers under its Open Advice Review Program, with assessments to finish by the end of the year....

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News

The Commonwealth Bank of Australia (CBA) has today released the findings from its Corporate Responsibility Report for 2016....

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Financial planning

The Commonwealth Bank has established a Customer Advocate function in response to the ABA’s banking industry initiatives package in April. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

5 days 1 hour ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 1 day ago