CBA

Financial planning

The cessation of ongoing service fees for salaried planners will cost the Commonwealth Bank $40 million....

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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...

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Financial planning

One in three Australians face an uncertain financial future, according to a joint study by the Commonwealth Bank and the Melbourne Institute....

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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. ...

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People & Products

Commonwealth Bank of Australia has appointed an independent non-executive director to its board, effective 1 January 2019....

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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...

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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...

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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...

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People & Products

Financial advisory firm, Wilsons, has appointed two former Commonwealth Bank high-net-worth advisors to its private wealth advisory team. ...

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Financial planning

The Commonwealth Bank has targeted late 2019 for completing the demerger of its wealth assets after reporting a solid September quarter....

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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...

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Funds management

The Commonwealth Bank has sold Colonial First State Global Asset Management to Japan’s Mitsubishi UFJ Trust and Banking Corporation....

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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....

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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...

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People & Products

The Commonwealth Bank of Australia has appointed acting chief financial officer, Alan Docherty, to the role permanently....

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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 8 hours 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