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COMMONWEALTH BANK
People & Products
Bank of Queensland (BOQ) has appointed Jon Sutton as managing director and chief executive officer, effective immediately....
Financial planning
The Commonwealth Bank’s financial advice remediation program has attracted more than 4500 cases from aggrieved customers in its first few months, an independent review ha...
Financial planning
The AIST has called on the Government to draw a distinction between bank aligned and independent financial planners....
People & Products
Grant McCorquodale has joined FIIG Securities as its head of personal and intermediary clients, including financial planners....
Financial planning
ASIC has appointed KordaMentha Forensic to identify high risk advisers within Commonwealth Financial Planning and Financial Wisdom and to review the licence conditions of...
Financial planning
Another new start-up hoping to be the TripAdvisor of the financial advice space is encouraging advisers to use its platform to cash in on the poor service of their counte...
Financial planning
The CBA has used its AGM to stress the "vigour" with which it approached its recently-launched advice remediation program, admitting it responded far too slowly to consum...
Funds management
Macquarie Group has emerged as Australia’s largest fund manager and 52nd ranked manager in the world, but IFM Investors is growing in Australian influence....
Superannuation
An industry super fund representing the timber trade says it will use the CBA’s AGM to oppose the re-election of two CBA board members who served during the advice scanda...
Financial planning
The FPA has reported a 100 per cent surge in its CFP program take up after the CBA and AMP raised educational standards following scandals at the CBA and Macquarie Bank....
Editorial
The Commonwealth Bank has shrugged off its challenges to post a solid quarter....
Financial planning
The Commonwealth bank has extended the customer contact element of its Open Advice Review and confirmed that three of the nation’s most high profile plaintive law firms a...
Awards
A strong community spirit and a passion for helping others has been a core driver for the nominees in the Pro Bono category. ...
Financial planning
The recent push by financial services institutions to lift education standards has resulted in women making up a majority of those being trained....
Financial planning
The Government has rejected a Royal Commission into Commonwealth FP claiming the bank’s Open Advice Review Program should be allowed to work....
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...