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

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 ...

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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