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COMMONWEALTH BANK
Policy & Regulation
Proposed regulatory reforms of the FOFA legislation should be put on hold following the Senate Economics Committee report on ASIC’s performance, ISA believes....
Financial planning
The future of the Seante Committee report into the performance of ASIC resides with the Government which is already signalling a cautious approach....
Financial planning
The Commonwealth Bank (CBA) has rejected a senator’s claims that it deliberately kept regulators in the dark and played down the seriousness its planning groups’ actions ...
Financial planning
The Senate Committee reviewing the operations of ASIC is expected to table its final report today....
Editorial
Good inflows into retail investment segments, retirement incomes and superannuation has seen retail and wholesale managed funds FUM/A jump over the 12 months to March. ...
Financial planning
Westpac’s business customers are the most optimistic about the Australian economy of the Big Four, the latest Roy Morgan Research Business Survey reveals....
Financial planning
Falling interest rates has taken the sheen off term deposits, losing 36,000 customers over the last 12 months, in contrast to the SMSF sector....
Editorial
Mike Taylor writes that the board of the Commonwealth Bank must be wondering how it was possible for the controversy around Commonwealth Financial Planning to get worse....
People & Products
Just days after the announcement of IOOF’s acquisition of SFG Australia, its CFO has departed for a Commonwealth Bank position....
Financial planning
The Commonwealth Bank (CBA) has responded to its grilling at a Senate Committee by restating its compliance with the inquiry’s requests for more information. ...
Financial planning
The Senate Committee reviewing ASIC has lambasted ASIC and CommFP and signalled further quizzing of compensation arrangements....
Financial planning
Dispute resolution specialist rejects claims by CBA that clients of Don Nguyen were not compensated because of lack of documentation ...
Financial planning
New Roy Morgan research suggests Commbank has not been too badly mauled by recent bad publicity around planning....
Financial planning
Shareholders’ unwillingness to “take a hit” in tough economic times is almost solely responsible for a wave of offshoring plaguing the wealth management space, the Financ...
Funds management
CommInsure has been named winner of the Marketing Team of the Year for its work across five separate issues faced by the group in the past 12 months....
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MARKET INSIGHTS
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,...