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CBA chief executive Matt Comyn told the financial services Royal Commission how he plans to overhaul the bank that was "once great" under his leadership, but flagged there might be "missteps" along the way.
Latest research from Macquarie University uncovers flaws in the use of balanced scorecards to determine remuneration. It comes as Australia's biggest bank bosses face the Royal Commission.
The former chief executive of Hastings Funds Management was named the new chair of Blue Sky Alternative Investments at an AGM that also saw the announcement of a new stakeholder in the business to accelerate its rebuild.
But where exactly is the neutral level of US interest rates?
JAMIE WILLIAMSON  |    12:25PM   The Financial Adviser Standards and Ethics Authority released its long awaited degree requirements for existing financial advisers and new entrants.
DARREN SNYDER   The initial response to FASEA's education and ethical standards blueprint suggests the document needs more tweaks. However, it's clear the authority is listening to its advice industry constituents.
KANIKA SOOD  |    12:31PM   The global equities boutique has added a former Platinum Asset Management analyst to its team, and is hiring for other roles.
KANIKA SOOD   A Legg Mason affiliate has become the first to offer an actively-managed fixed income fund as an exchange-traded fund in Australia.
KARREN VERGARA   Life insurers should be banned from asking consumers if they have undertaken a genetic test, Financial Standard's latest readership survey reveals.
JAMIE WILLIAMSON   Zurich has entered a three-year study partnership with Oxford University to develop a means of ensuring workers are effectively protected and supported in an increasingly fragmented labour market.
JAMIE WILLIAMSON   About 50% of all SMSFs have more than half of their portfolio invested in one asset class, despite more than 80% recognising the importance of diversification.
DARREN SNYDER   A commercial property lender believes banning limited recourse borrowing arrangements in their entirety would be too heavy handed, saying critics often cite residential property spruikers to cast shadows.
BENJAMIN ONG  |    11:07AM   By raising interest rates (along with QE tapering), the Fed is siphoning liquidity from the rest of the world.
BENJAMIN ONG   But where exactly is the neutral level of US interest rates?
KANIKA SOOD  |    12:43PM   The Commonwealth Bank board ignored major scandals besieging the bank when it approved the variable remuneration for its top executives for FY16, the Royal Commission heard.
DARREN SNYDER  |    12:36PM   ASIC's Markets Disciplinary Panel confirmed UBS Securities paid a $120,000 fine for breaching market integrity rules over a series of trades on the ASX in 2017.
KANIKA SOOD  |    12:45PM   A Melbourne boutique has snapped up a former central bank portfolio manager as its deputy chief investment officer.
KARREN VERGARA  |    12:19PM   MetLife Australia continues to bolsters its retail division with four key appointments.
KARREN VERGARA  |    12:36PM   Victims of domestic violence will be able to access their superannuation thanks to new measures introduced by the Federal Government. Overall the package has been met with mixed reactions.
KARREN VERGARA  |    12:27PM   A $5.5 billion superannuation fund scrapped several fees, discounted its insurance premiums and changed administrators.
KANIKA SOOD   Financial services companies are betting on artificial intelligence (AI) more than ever, but remain sceptical of compliance and legal risks associated with the technology.
MICHELLE BALTAZAR   The race is on for the most dominant financial services provider to the $600 million millennial market segment in Australia, with local players facing stiff competition from US and Chinese fintechs.
DARREN SNYDER  |    12:48PM   As the 2018 FPA Professionals Congress begins today in Sydney, the association's philanthropic arm is welcoming a new chair.
KANIKA SOOD   A charity comparator website co-founded by a former Lonsec general manager is set to launch a premium vetting service for wealthy donors.
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