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CBA
Financial planning
Trading platform AUSIEX has shared the most bought individual ASX share by advised investors in May as well as by advised self-managed superannuation funds....
Financial planning
Wealth manager LGT Crestone has successfully completed its acquisition of Commonwealth Bank’s high-net-worth financial advisory business, bringing across some $5 billion ...
Financial planning
A subsidiary of Australia’s second-largest advice licensee Count has successfully defended a class action in Federal Court regarding a self-managed superannuation fund....
Financial planning
LGT Crestone chief executive Michael Chisholm believes the firm was chosen to acquire Commonwealth Bank’s personal advice arm due to its strong private market capability....
Financial planning
LGT Crestone has signed an agreement to acquire CBA’s personal advice business, Commonwealth Private Advice, including $5 billion in assets and 20 investment advisers....
Financial planning
The Federal Court has approved Commonwealth Bank’s $50 million settlement in the consumer credit insurance class action....
Superannuation
The regulator failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did not receive “conflicted remuneration” benefi...
Financial planning
Earmarking some $520 million in an indemnity deed to former subsidiary Count Financial, CBA’s full-year results reveal a trial date has been fixed for March 2024. ...
People & Products
Shez Ford, former wealth and advice executive at CBA, has moved over to Allianz Australia as chief general manager, consumer. ...
Financial planning
There is an estimated $3.7 trillion opportunity for the big four banks to return to wealth management and with the Quality of Advice Review focusing on digital advice, th...
People & Products
Commonwealth Bank shareholders have benefited from the higher interest rate environment, with the big four bank’s earnings rising 9% over the first half of the 2023 finan...
People & Products
Jeff Morris, who blew the whistle on Commonwealth Bank’s financial planning malpractice in 2008, has been awarded a Medal of the Order of Australia. ...
Financial planning
With the cost of living hitting people’s budgets, Commonwealth Bank has shared consumers’ top financial goals for 2023....
Funds management
From infringement notices to interim stop orders, Money Management reviews the biggest companies that were put under the microscope by the corporate regulator....
Funds management
Criminal proceedings against CBA regarding sales of consumer credit insurance have been dismissed by the Federal Court due to a statute bar....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...