CBA

Financial planning

The Commonwealth Bank has so far paid over $9.4 million to over 700 customers under its Open Advice Review Program, with assessments to finish by the end of the year....

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News

The Commonwealth Bank of Australia (CBA) has today released the findings from its Corporate Responsibility Report for 2016....

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Financial planning

The Commonwealth Bank has established a Customer Advocate function in response to the ABA’s banking industry initiatives package in April. ...

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Funds management

Customer satisfaction with the big four banks has declined in five out of the last six months and is now 1.9 percentage points below last July....

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Policy & Regulation

OnDeck Australia has today announced that it has, in partnership with CBA, won the Fintech-Bank Collaboration of the Year Award....

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Funds management

CBA has re-signed Morningstar as its primary investment research provider for its wealth management business. ...

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Funds management

Customers were most satisfied with the Commonwealth Bank, giving it the top spot among the big four banks despite recent negative publicity surrounding the bank. ...

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People & Products

The Commonwealth Bank has appointed another woman to its senior executive ranks, this time new Group general counsel, Anna Lenahan....

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Financial planning

CBA has paid over $4.8 million in compensation so far to clients who received poor advice or were charged incorrect fees....

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Financial planning

A former CBA planner allegedly forged client signatures to meet the requirements of CBA’s internal audit process, following an ASIC investigation....

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Financial planning

The Scrutiny of Financial Advice inquiry is pointing towards companies being required to maintain whistle-blowing protocols similar to those in the public service....

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Features

Amid the overwhelmingly negative media coverage of alleged problems within CommInsure’s claims handling procedures, something important was overlooked — a number of major...

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Superannuation

Topdocs has penned an agreement with the Commonwealth Bank of Australia in a bid to increase efficiency and save time for advisers when ordering legal documentation....

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Financial planning

Sixty-nine clients of the Commonwealth Bank of Australia’s financial planning arms have accepted 69 per cent of the $2.9 million offered for poor advice....

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Accounting

While most accounting firms expect revenue from wealth management in FY16, mid-sized firms are more confident in the area compared to large firms, research reveals....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 23 hours ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 days 20 hours ago