CBA

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...

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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...

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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....

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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....

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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...

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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...

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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...

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Financial planning

Substantially exiting its wealth management businesses has helped the Commonwealth Bank post a solid result despite the pressures of COVID-19....

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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...

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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...

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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...

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People & Products

Gary Dransfield, chief executive, insurance (Australia) is to leave Suncorp, as the firm undergoes a leadership restructure. ...

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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 ...

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Financial planning

Australia’s Big Four banks have been rated on their COVID-19 responses by consumer advocate Choice, with ANZ performing the worst. ...

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Life/Risk

Slater and Gordon have filed a class action against the bank for selling customers “worthless” insurance....

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago