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Financial planning
The Commonwealth Bank has signalled the degree to which it will be changing its platform arrangements to overcome fee for no service problems....
Financial planning
The Commonwealth Bank has put its wealth demerger on hold to allow it time to complete its client remediation processes....
Policy & Regulation
The Australian Securities and Investments Commission has signalled using its new directions power in the face of the slow response of AMP and the major banks to follow-up...
Financial planning
CBA has expressed its total support for the Banking Royal Commission’s final recommendations and signalled how it is already acting on many of them as it seeks to rebuild...
People & Products
The woman who guided the Commonwealth Bank through some of the its most challenging legal affairs has announced her departure from the business....
Financial planning
The Commonwealth Bank has posted a solid half-year result amid the fall-out from the Royal Commission and its exit from wealth....
Financial planning
A Hobart financial planner who was not sufficiently trained, despite holding a Diploma of Financial Planning from Kaplan, or competent to provide financial services has b...
Financial planning
One in three Australians face an uncertain financial future, according to a joint study by the Commonwealth Bank and the Melbourne Institute....
Financial planning
The Financial Adviser Standards and Ethics Authority’s business plan has revealed the financial adviser exam will cost millions and be the authority’s single biggest expe...
Funds management
The big four banks have moved into the red over the past week, with Westpac falling just under nine per cent....
Financial planning
Commonwealth Bank chief executive, Matt Comyn has cited fee for no service as being one of the bank’s key shortcomings and claimed key executive personnel had failed to u...
Policy & Regulation
Commonwealth Bank chief executive, Matt Comyn has questioned the quality of some of the bank’s previous senior executives, suggesting some had not represented appropriate...
Financial planning
The Commonwealth Bank chief executive, Matt Comyn has agreed that mortgage brokers should be subject to the same sort of client best interests duty as financial planners....
Financial planning
Commonwealth Bank senior executive, Marianne Perkovic formally told the bank’s chief executive, Matt Comyn that she was disappointed she did not speak up loud enough to m...
Policy & Regulation
The Royal Commission will today begin its final round of hearings looking at what caused the misconduct and what can be done to fix those causes....
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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...