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CBA

Financial planning

The Australian Prudential Regulation Authority has launched an independent prudential inquiry into governance and culture at the Commonwealth Bank....

Financial planning

While CBA is looking to pay at least $32.3 million in customer and employee review and remediation actions, it does not include all regulatory matters the bank is reviewi...

Financial planning

The Commonwealth Bank has posted another record profit and confirmed it is looking to divest its insurance businesses....

Financial planning

The Commonwealth Bank has confirmed it is in discussions with a view to divesting its life insurance businesses....

Accounting

The Commonwealth Bank board may be backing its chief executive, Ian Narev but both he and his senior executive team are being made to take a remuneration haircut....

Financial planning

The Big Four banks have all increased their share of their customers’ dollars, or ‘share of wallet’, in the last decade....

Financial planning

Results for the six months to 17 May show satisfaction with the big four banks has continued its steady increase....

Financial planning

There will be little or no opportunity for redeployment of the 150 back office jobs within CBA that are to be cut, according to the FSU....

Financial planning

The CBA has thus far paid over $29 million in compensation for its customers who received poor advice from CFP or Financial Wisdom between 2003 and 2012....

Policy & Regulation

The major banks have made clear to shareholders that the Government’s bank levy will erode their dividends....

Financial planning

The Commonwealth Bank had today announced the appointment of Coen Jonker to the position of group executive international financial services....

Funds management

Commonwealth Bank saw income growth, continued cost discipline and sound credit quality during the third quarter of 2017....

Financial planning

The financial services industry needs to place as much emphasis on education on long-term asset accumulation as it does on everyday budgeting and money, CBA believes....

Superannuation

There has been a tendency across the advice industry to use a cookie cutter model and this will need to be expanded to service the needs of SMSF trustees, according to a ...

Financial planning

Almost half of all Australians are uncomfortable with their current level of spending while one in three would not be able to find $500 in an emergency....

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