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Financial planning
Collaboration between climate scientists and finance firms like NAB, Westpac and the Commonwealth Bank has produced guidance on assessing the physical risks of climate ch...
Policy & Regulation
The Commonwealth Bank is facing court action initiated by the Australian Securities and Investments Commission which might have been avoided if it had properly and transp...
Financial planning
A former Financial Wisdom practice is looking to the Commonwealth Bank to make good over $33,000 which was overlooked as the big banking group closed down the license....
Funds management
Banks are ‘confusing’ as they look cheaper now relative to any period of history but the outlook is not great for the sector, according to Airlie Funds Management....
Policy & Regulation
The Australian Securities and Investments Commission has signalled it will not be pursuing the Commonwealth Bank over possible AUTRAC-related violations of the Corporatio...
Financial planning
Six of Australia's largest banking and financial services institutions have offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffere...
Financial planning
The Commonwealth Bank has been hit with another class action – this time involving CommInsure products recommended by Commonwealth Financial Planning and Financial Wisdom...
Financial planning
Substantially exiting its wealth management businesses has helped the Commonwealth Bank post a solid result despite the pressures of COVID-19....
Financial planning
Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of t...
People & Products
The Commonwealth Bank of Australia has partnered with Zetta Ventures Partners and Square Pegg to deliver new digital banking services, and X15 Ventures who will launch sm...
Funds management
Commonwealth Bank and ANZ are “the worst” offenders with each lending to projects with emissions equivalent to nearly eight years of Australia’s total greenhouse gas emis...
People & Products
Gary Dransfield, chief executive, insurance (Australia) is to leave Suncorp, as the firm undergoes a leadership restructure. ...
Funds management
As National Australia Bank group chief executive Ross McEwan warns banking will be less profitable in the short-term, which big four bank has recovered best in the three ...
Financial planning
Australia’s Big Four banks have been rated on their COVID-19 responses by consumer advocate Choice, with ANZ performing the worst. ...
Life/Risk
Slater and Gordon have filed a class action against the bank for selling customers “worthless” insurance....
MARKET INSIGHTS
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Podcast
Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...
Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...