In 2017 the bank had underpaid staff in pay and entitlements in relation to super due to ‘excessively complex individual employment arrangements’, according to the Financ...
The Commonwealth Bank chief executive will have Marnie Baker, Bendigo and Adelaide bank chief executive, as deputy chair....
In the wake of its money-laundering scandal, most funds that had a high allocation towards the bank managed to recover losses indicating the resilience of big banks....
Fitch Ratings has said that the AUSTRAC proceedings brought against Westpac were credit negative, but will not have an immediate impact on its ratings....
CommInsure will refund $12 million for unfair life insurance telephone sales to around 30,000 customers....
Just like the big industry superannuation funds, the banks are embracing salaried planners as integral to retaining a foothold in wealth management....
The Commonwealth Bank has confirmed a round of redundancies is underway within Commonwealth Financial Planning....
The Commonwealth Bank intends staying in the advice market despite its recent close-down of aligned advice and the sale of Count Financial, according to its chief executi...
The Commonwealth Bank has provided a broadly positive first quarter trading update including the costs so far associated with advice remediation....
AIA and the Commonwealth Bank have translated the CommInsure acquisition into a 25-year distribution arrangement....
The Commonwealth Bank of Australia has acknowledged the two class actions against Colonial First State that were filed last week....
Former Colonial First State executive director, Linda Elkins may have left the company and become a partner at KPMG but she has been named in a class action filing....
CommInsure has been charged by the Australian Securities and Investments Commission for offering to sell life insurance products via non-compliant unsolicited phone calls...
Colonial First State Global Asset Management has been rebranded to First Sentier Investors as it completes its sale from the Commonwealth Bank....
With the Commonwealth Bank’s planned exit from Financial Wisdom and the sale of Count Financial, all eyes have turned to the future of Colonial First State....
trustees are already requesting such confirmations when advisory fees (even via fixed term agreements) are deducted from...
CSLR should be broken down into 2 sub sectors, one for product manufacturers and one for financial advisers. Product ma...
We must stand up and show our opposition to both the ASIC Levy and CSLR as they both contribute to the high cost of advi...