COMMONWEALTH BANK

Financial planning

The losses incurred by clients of Storm Financial could be traced back to the faulty systems employed by Colonial Geared Investments, according to a former key executive ...

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Financial planning

Fund lost more than 26 per cent of its value up to December last year....

Financial planning

The first legal action to be mounted against Storm Financial is expected before the courts by the end of the month....

Funds management

The Commonwealth Bank has confirmed a cut in its dividend but reported a better quarter for wealth management....

Financial planning

New research commissioned by the Commonwealth Bank suggests that baby boomers are not being unduly spooked by the global financial crisis but are likely to stay longer in...

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Financial planning

Bankwest financial advisers will align with the Commonwealth Bank of Australia's wealth management structure and become part of Colonial First State (CFS) in July....

Financial planning

Storm Financial and its former offshoot, Victorian Families Retirement and Investment Group, will meet in court in Brisbane today in what is believed to be the formal end...

Financial planning

The agribusiness sector proves resilient, outperforming the broader market in the last month....

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People & Products

AMP appoints BDM and fills newly created role in team servicing financial advisers....

Financial planning

“Our life as we had it no longer exists. Carrying on day-to-day is hard, sleeping is hard, trusting is hard and trying to move forward in an environment where there is no...

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Financial planning

The administrators of Storm Financial yesterday posted copies of their assessment of the group to its creditors, who will soon vote on whether to place the company in liq...

Financial planning

Newspaper reports suggest the Commonwealth Bank is seeking to head off prolonged litigation with Storm Financial clients by negotiating private settlements. The move foll...

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Financial planning

Australia’s major banks said on Friday they would seek to maintain funding to small businesses, as well as pass on interest rate cuts where possible. Many small bus...

Financial planning

Distressed clients of Storm Financial may be able to stay in their homes despite being unable to meet the required payments on their mortgages....

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Editorial

Australian equities may still represent excellent value in the long-term, writes MATT DRENNAN. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 days 20 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

5 days 23 hours ago