COMMONWEALTH BANK
Financial planning
The chief executive of the Commonwealth Bank of Australia has admitted there were "shortcomings" relating to loans granted to clients of the failed financial planning gro...
Financial planning
City Pacific in $39 million debt subordination exercise to rectify AFSL requirements....
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 ...
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...
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....
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...
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...
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...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
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...