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Financial planning
The cessation of ongoing service fees for salaried planners will cost the Commonwealth Bank $40 million....
Financial planning
A Hobart financial planner who was not sufficiently trained, despite holding a Diploma of Financial Planning from Kaplan, or competent to provide financial services has b...
Financial planning
One in three Australians face an uncertain financial future, according to a joint study by the Commonwealth Bank and the Melbourne Institute....
Financial planning
Bank customer satisfaction has seen its first positive monthly move since prior to the start of the Banking Royal Commission, according to Roy Morgan’s latest survey. ...
People & Products
Commonwealth Bank of Australia has appointed an independent non-executive director to its board, effective 1 January 2019....
Financial planning
In the six months to October, satisfaction with banks fell to 78 per cent, with satisfaction declining a total of 3.2 per cent since the Banking Royal Commission began, a...
Financial planning
Commonwealth Bank chief executive, Matt Comyn has cited fee for no service as being one of the bank’s key shortcomings and claimed key executive personnel had failed to u...
Policy & Regulation
Commonwealth Bank chief executive, Matt Comyn has questioned the quality of some of the bank’s previous senior executives, suggesting some had not represented appropriate...
People & Products
Financial advisory firm, Wilsons, has appointed two former Commonwealth Bank high-net-worth advisors to its private wealth advisory team. ...
Financial planning
The Commonwealth Bank has targeted late 2019 for completing the demerger of its wealth assets after reporting a solid September quarter....
Funds management
The Commonwealth Bank has initiated a new process and appointed new executives as it seeks to exit its wealth businesses following the separate sale of Colonial First Sta...
Funds management
The Commonwealth Bank has sold Colonial First State Global Asset Management to Japan’s Mitsubishi UFJ Trust and Banking Corporation....
Life/Risk
The Commonwealth Bank has exited virtually all of its insurance exposures with the sale of 80 per cent of its Indonesian life insurance business....
Financial planning
Just months after the Commonwealth Bank declared its intention to exit Count Financial as part of a broader demerger, the planning group appears to be leaking member firm...
People & Products
The Commonwealth Bank of Australia has appointed acting chief financial officer, Alan Docherty, to the role permanently....
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Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
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,...