Commonwealth confirms Blomfield departure
The Commonwealth Bank has confirmed the departure of former Commsec general manager and more recently executive general manager of business banking, Michael Blomfield.
The bank confirmed earlier speculative reports with a spokesman saying: “Michael Blomfield will leave the Commonwealth Bank in March to take up a senior position outside the bank. The bank wishes him the best in his new role.”
AUTHOR
Mike Taylor
Recommended for you
The popularity of ETFs, which are approaching $200 billion in Australia, is a potential threat to the advice landscape if consumers opt to invest directly, according to this senior partner.
A former AMP financial adviser has urged advisers in the BOLR class action against AMP to object to the “unfair and unreasonable” $100 million settlement sum as the objection deadline approaches on 22 May.
Two Victoria-based financial advice practices have merged and rebranded as Forbes Fava Saville Financial Planning, as the firm realises the benefits of added scale.
The Financial Services and Credit Panel has made its latest ruling over a case involving an incorrect Statement of Advice.
