COMMONWEALTH BANK

Financial planning

FPA chairman, Matthew Rowe wants planners to be individually registered with ASIC as part of a fully enforceable professional code of conduct....

Financial planning

The Commonwealth Bank has moved to lift education standards for planners, supervisors and managers of planners....

Editorial

The misdeeds which occurred within Commonwealth Financial Planning have become a stalking horse for those seeking to prevent any amendments to FOFA....

Policy & Regulation

Support from the Palmer United Party has ensured a move by the Australian Labor Party to disallow the Government’s Future of Financial Advice regulations failed in the Se...

Financial planning

Former CBA CEO Ralph Norris was aware of some of the problems relating to financial planning advice...

Financial planning

Former High Court Judge, Ian Callinan, has been named to head CBA's independent compensation review process....

Editorial

Andy Schmulow argues that the controvesy surrounding ASIC and its handling of the Commonwealth Bank have seriously damaged the financial planning industry and left few pe...

Financial planning

The further Senate Commmittee process initiated by the Federal Opposition will simply be another in a long list starting in 2009....

Policy & Regulation

Finance Minister, Mathias Cormann, claims the Opposition’s efforts to create a further Senate inquiry into the planning industry is political opportunism at work....

Policy & Regulation

Reports suggest the Labor Opposition will move to establish another Senate Committee inquiry into financial planning....

Financial planning

The Financial Planning Association’s (FPA) response to the Commonwealth Bank financial planning fallout has elicited a scathing retort from the Association of Independent...

Policy & Regulation

The FPA has urged the calling of a national summit to resolve the issues raised in the 61 recommendations of the Senate Committee report....

Financial planning

A number of CBA planners have declared their anger at comments made by the FPA chairman, Matthew Rowe....

Financial planning

ASIC has acknowledged the CBA’s new compensation and review processes by reminding the banking group of its ongoing breach reporting obligations....

Editorial

The financial planning industry suffered substantial collateral damage as a result of the collapse of Storm Financial but, as Mike Taylor reports, last week’s Senate Comm...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 4 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 5 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 5 days ago
moneymanagement logo