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Showing 1051 - 1060 of 4381 results for "Commonwealth"

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
The corporate regulator permanently banned a former NAB financial adviser, while a former Commonwealth Bank and Synchron adviser was handed a five-year ban. Tai Thanh Nguyen of Adelaide was permanently banned by ASIC for dishonest conduct while licensed ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... Productivity Commission and Hayne Royal Commission reports in the lead up to, and as part of the earlier than usual Commonwealth Budget on April 2." There's the possibility that not all of the recommendations from either report will be adopted. There ...

3.5 million Aussies give financial advice to friends and family: Roy Morgan

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
... tail were regional and mutual banks Heritage Bank, Bank SA and Teachers Mutual and - Australia's largest bank - the Commonwealth Bank. Those asked to provide advice for friends and family also tend to be well off, with 35.9% of financial institution ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... the Sydney Harbour Bridge was built shutters its doors this year - in a clear sign of the times. The Superannuated Commonwealth Officers' Association, established in 1923, had 50,000 members at its peak. But with dwindling membership and not enough ...

Count Financial seeks new GM

JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
The general manager of Commonwealth Bank-owned dealer group Count Financial has resigned. A spokesperson for Commonwealth Bank confirmed Ed Box has left the licensee to pursue a retail banking opportunity outside of CBA Group. Hugh Humphrey, CBA executive ...

CBA and Alipay to bring in Chinese shoppers

KANIKA SOOD  |  THURSDAY, 20 DEC 2018
Commonwealth Bank has started accepting Alipay on its EFTPOS devices in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB which ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... and chairs of Australia's largest financials services entities took their turn in the Royal Commission's hot seat, Commonwealth bank chief executive Matt Comyn spoke of how he planned to overhaul the bank that was "once great" under his leadership, but ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... Advice arm in July, joining three of Australia's big four banks in spinning off their wealth management arms, with Commonwealth Bank announcing the demerger of Colonial First State just a month earlier. By April HSBC had already completed a significant ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... consultation with the industry. Further, the tap was turned off for the group's employed advisers in 2014. In October, Commonwealth Bank began advocating for government intervention in removing grandfathered commissions for super and investment products. ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... and Financial Services Industry." The Government is also providing $28 million over four years from 2018-19 to the Commonwealth Director of Public Prosecutions. This is "to pursue a greater number of prosecutions of those responsible for misconduct in ...