CBA

Financial planning

The Commonwealth Bank of Australia has paid $180,000 for four infringement notices for breaches of responsible lending law....

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....

News

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

Financial planning

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

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....

Policy & Regulation

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

Funds management

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

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. ...

People & Products

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

Financial planning

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

Financial planning

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

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....

Features

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

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....

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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