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Policy & Regulation
Recently-troubled life insurance business CommInsure will pay more than a quarter of a million dollars over misleading advertising....
Financial planning
Major banks paid or offered customers $215.9 million of an estimated $219.5 million in refunds and interests for failing to provide advice....
Financial planning
A former Commonwealth Bank of Australia financial planner has been sentenced by the Brisbane Magistrates Court over signature forgeries. ...
Financial planning
A former Commonwealth Financial Planning senior planner has pleaded guilty to one rolled-up charge alleging forgery....
Financial planning
The Commonwealth Bank has confirmed it has looked at how far it can go within the legal constraints of general advice....
Financial planning
The Commonwealth Bank remains the bank with the highest customer satisfaction of the Big Four, confirming that the recent financial planning scandals have had little imp...
Financial planning
The Commonwealth Bank has continued its public image rehabilitation strategy by claiming to have removed the sales culture from the incentive program offered to tellers a...
Financial planning
The CBA has issued a statement saying it would defend the shareholder class action brought against it by Maurice Blackburn in relation to the anti-money laundering scand...
Policy & Regulation
Litigation funder IMF Bentham has announced its funding of a class action against the Commonwealth Bank has gone unconditional....
People & Products
The Board of Commonwealth Bank-owned ASB Bank has announced the departure of its chief executive and managing director, effective March 2018....
Financial planning
The CBA was the first bank yesterday to announce it was removing ATM withdrawal fees, and was quickly followed by the other majors amid continuing calls for a Royal Commi...
Policy & Regulation
The Australian Prudential Regulation Authority has appointed the former chair of APRA and the ACCC to the special panel appointed to probe the Commonwealth Bank....
Financial planning
Civil proceedings against CBA by AUSTRAC has been listed for a directions hearing on 2 April 2018....
Financial planning
The Australian Prudential Regulation Authority may find itself with discretion to use the new Bank Executive Accountability Regime at the end of its probe into the Common...
Financial planning
The Finance Sector Union has declared the APRA probe into the Commonwealth Bank as insufficient as the Treasurer, Scott Morrison, reveals close contact with CBA chair, C...
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...