COMMONWEALTH BANK

Superannuation

The ISA has hit out against the Federal Government’s introduction of super bills yesterday, arguing new transparency and disclosure rules could hurt industry super....

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Financial planning

Publicly-listed litigation funder, IMF Bentham has confirmed it will fund a class action against the Commonwealth Bank over its alleged AML Act breaches....

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People & Products

The Commonwealth Bank has appointed former Westpac and NSW Government executive, Robert Whitfield to its board....

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Financial planning

The Commonwealth Bank board has put an end-date on Ian Narev’s tenure as chief executive....

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Financial planning

The Commonwealth Bank’s wealth management boss, Annabel Spring has backed lifting the FOS monetary limit to over $1 million....

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Superannuation

The Commonwealth Bank will back-pay up to eight years in SG contributions to its past and present part-time employees....

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Editorial

Mike Taylor writes that in a delicately-balanced House of Representatives there is no guarantee the Government can continue to deflect pressure for a banking Royal Commis...

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Superannuation

The Finance Sector Union has accused the Commonwealth Bank of falling short of its superannuation guarantee obligations to part-time employees....

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News

The Commonwealth Bank has posted a record $9.2 billion profit but its wealth businesses have turned in mixed results with funds management up but life insurance down....

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Policy & Regulation

ASIC’s latest enforcement report had revealed the degree to which its Wealth Management Project identified issues within CommBank, NAB and Macquarie Bank....

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Financial planning

Advisers at the Commonwealth Bank showed the second highest level of loyalty and their advisers had the second highest average tenure, with Macquarie topping the list....

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Financial planning

Marianne Perkovic has been promoted out of her wealth management role to become EGM of Commonwealth Private. ...

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Accounting

The latest Commonwealth Bank Accounting Market Pulse suggests accounting firms are still looking to financial planning as an area for diversification and revenue growth....

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People & Products

Former Telstra chair, Catherine Livingstone, has been appointed to the Board of the Commonwealth Bank....

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Financial planning

SMSFs need policies that address and protect women from being left behind by the super system, according to a report....

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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...

10 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 15 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days 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 ...

3 days 13 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 16 hours ago