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COMMONWEALTH BANK
Policy & Regulation
The Australian Securities and Investments Commission said it will commence a review of school banking programs in primary schools....
People & Products
Payments fintech, Beem It, has appointed a former Commonwealth Bank executive as its new chief executive officer....
Life/Risk
Commonwealth Bank has completed the sale of its life insurance business in New Zealand to AIA Group Limited....
Editorial
The Commonwealth Bank’s announcement about how it will demerge its Colonial First State and other wealth businesses brings an end to an 18-year strategy, which started as...
Life/Risk
New data released by Dexx&r has confirmed that exiting bank ownership has paid dividends for MLC Life barely two years after being substantially divested by NAB....
Funds management
The Commonwealth Bank is to exit its Colonial First State Global Asset Management business via a public float on the Australian Securities Exchange....
Policy & Regulation
The regulator has accepted an enforceable undertaking from Commonwealth Financial Planning and BW Financial Advice for charging fees to customers for advice reviews that ...
Financial planning
New data has confirmed the degree to which the Government’s $1.6 million pension cap has choked flows into retirement income....
People & Products
Commonwealth Bank announces board changes as part of its renewal process....
Financial planning
A strong performance by its Wealth Division has helped the Commonwealth Bank record another increased half-year profit despite provisioning of more than $500 million for ...
Policy & Regulation
The Federal Treasurer, Scott Morrison, has cited the impending passage of the Bank Executive Accountability Regime when discussing the appointment of a new Commonwealth B...
People & Products
The Commonwealth Bank has appointed an internal candidate, Retail Bank head, Matt Comyn, as its new CEO....
Financial planning
Ten per cent of advice files from the major banks and AMP sampled by the Australian Securities and Investments Commission proved to be of significant concern....
Policy & Regulation
The Commonwealth Bank of Australia has admitted to a major breach of Australian money laundering regulations in the wake of AUSTRAC’s investigation....
Financial planning
Mike Taylor comments that the Commonwealth Bank board has clearly decided on radical change via the sale of CommInsure, the likely splitting off of Colonial First State G...
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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,...