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Financial planning
The Minister for Finance and Acting Assistant Treasruer, Senator Mathias Cormann, has confirmed meeting with Commonwealth Bank chief, Ian Narev, and impressing on the ban...
Financial planning
Commonwealth Bank chief executive, Ian Narev has promised a detailed response to last week’s scathing Senate Committee report as Financial Services Minsiter, Senator Math...
Policy & Regulation
Proposed regulatory reforms of the FOFA legislation should be put on hold following the Senate Economics Committee report on ASIC’s performance, ISA believes....
Financial planning
The future of the Seante Committee report into the performance of ASIC resides with the Government which is already signalling a cautious approach....
Financial planning
The Commonwealth Bank (CBA) has rejected a senator’s claims that it deliberately kept regulators in the dark and played down the seriousness its planning groups’ actions ...
Financial planning
The Senate Committee reviewing the operations of ASIC is expected to table its final report today....
Editorial
Good inflows into retail investment segments, retirement incomes and superannuation has seen retail and wholesale managed funds FUM/A jump over the 12 months to March. ...
Financial planning
Westpac’s business customers are the most optimistic about the Australian economy of the Big Four, the latest Roy Morgan Research Business Survey reveals....
Financial planning
Falling interest rates has taken the sheen off term deposits, losing 36,000 customers over the last 12 months, in contrast to the SMSF sector....
Editorial
Mike Taylor writes that the board of the Commonwealth Bank must be wondering how it was possible for the controversy around Commonwealth Financial Planning to get worse....
People & Products
Just days after the announcement of IOOF’s acquisition of SFG Australia, its CFO has departed for a Commonwealth Bank position....
Financial planning
The Commonwealth Bank (CBA) has responded to its grilling at a Senate Committee by restating its compliance with the inquiry’s requests for more information. ...
Financial planning
The Senate Committee reviewing ASIC has lambasted ASIC and CommFP and signalled further quizzing of compensation arrangements....
Financial planning
Dispute resolution specialist rejects claims by CBA that clients of Don Nguyen were not compensated because of lack of documentation ...
Financial planning
New Roy Morgan research suggests Commbank has not been too badly mauled by recent bad publicity around planning....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...