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Showing 81 - 90 of 136 results for "Commonwealth Financial Planning"

NAB to face Senate grilling over advice scandal

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
... Treasury to set up the Royal Commission, noted that the Economics Committee has unveiled scandals at Commonwealth Financial Planning, Macquarie Private Wealth and now NAB thanks to information provided by consumers and whistleblowers. "We urge people ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... Commonwealth Bank's wealth management arm. The year started with hundreds of submissions from disgruntled Commonwealth Financial Planning (CFPL) and Financial Wisdom (FW) customers being made public by the Senate Economics Committee inquiry into the ...

ASIC to watch CBA advisers closely

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
... Commission (ASIC) has appointed a compliance expert to examine the performance of advisers at Commonwealth Financial Planning and Financial Wisdom. KordaMentha Forensic will review past activities by Commonwealth Bank (CBA) advisers and will report to ...

CBA appoints litigators as customer advocates

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... initiative is part of CBA's program to compensate victims of advice given by financial planners at Commonwealth Financial Planning and Financial Wisdom. CBA also announced "an extension of the customer contact element of the program," but said that details ...

Financial Wisdom and Count also subject to higher standards

LAURA MILLAN  |  THURSDAY, 23 OCT 2014
... Financial will be subject to higher education standards from today, joining their counterparts at Commonwealth Financial Planning and BW Financial Advice. The new standards apply to all advisers and licensee staff in supervision and monitoring roles. ...

CBA receives 4200 requests for advice review

JAMES FERNYHOUGH  |  MONDAY, 13 OCT 2014
Approximately 4,200 customers of Commonwealth Financial Planning (CFP) and Financial Wisdom have applied to have advice they received reviewed by the Commonwealth Bank's (CBA's) Open Advice Review program. This figure represents around 1% of customers ...

Lifeplan appoints national BDM

STAFF WRITER  |  WEDNESDAY, 1 OCT 2014
... that, he was advice quality manager with Colonial First State and a senior financial planner with Commonwealth Financial Planning. Bird holds a diploma of Financial Planning. Lifeplan Funds Management head of specialised product sales Derek Emery said ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
... Economics Committee inquiry unveiled systemic problems within CBA's financial advice businesses Commonwealth Financial Planning and Financial Wisdom. CBA is offering customers an independent assessment of the advice received at no cost and those who ...

Greens slam CBA executives pay rise

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... at CBA. The inquiry concluded that poor advice was widespread within CBA's Financial Wisdom and Commonwealth Financial Planning. It unveiled cases of document forgery and a large number of deficiencies in CBA's prior compensation processes. Read all ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... a compensation process that mirrors that of Commonwealth Bank's financial planning divisions, Commonwealth Financial Planning and Financial Wisdom. At the time of publishing, Macquarie had not responded to Financial Standard 's requests for comment. ...