COMMONWEALTH BANK

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...

image
Funds management

Profitability at the big four banks is expected to remain under pressure for the next 18 months, according to ratings agency Fitch. ...

image
Financial planning

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

image
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...

image
People & Products

Research firm Investment Trends chief executive, Michael Blomfield, has been appointed to the newly-created role....

image
People & Products

Wendy Cox has been appointed to the newly-created role of head of finance and HR, while Lata McNulty has been promoted to the newly-created role of chief risk officer by ...

image
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...

image
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...

image
People & Products

Maple-Brown Abbott Global Listed Infrastructure has appointed an ESG analyst and senior research analyst. ...

image
Life/Risk

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

image
Financial planning

The Commonwealth Bank of Australia has been ordered to pay $5 million for failures in their AgriAdvantage Plus Package. ...

image
Financial planning

Financial planning and accounting group, CountPlus has received confirmation from the Commonwealth Bank that 35.85% of the company registered to Colonial First State do n...

image
Life/Risk

The last vestiges of the Commonwealth Bank’s involvement in life insurance has ended with its exit from its 80% stake in an Indonesian life business....

image
Funds management

IML Investors has said it is reluctant to add exposure to the big four banks as it believes the risk/return in the sector is unappealing....

image
Funds management

The bank aims to provide $3.5 billion of new lending to climate change solutions over the next three years. ...

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Ralph

How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...

23 hours ago
JOHN GILLIES

Faking exams and falsifying results..... Too stupid to comment on JG...

1 day ago
PETER JOHNSTON- AIOFP

Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...

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 3 weeks 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 1 week ago

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

9 months 3 weeks ago