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Showing 91 - 100 of 142 results for "Commonwealth Financial Planning"

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. ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
... licensee conditions imposed by the Australian Securities and Investments Commission (ASIC) on CBA's Commonwealth Financial Planning and Financial Wisdom businesses. "The financial impact of the Open Advice Review program and new licensee conditions are ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... Economics Committee inquiry unveiled systemic problems within CBA's financial advice businesses Commonwealth Financial Planning and Financial Wisdom. The bank has so far set up a dedicated team, a website and a phone number to attend customer's demand ...

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... after the original process to compensate victims of poor advice was found to be inconsistent. Commonwealth Financial Planning (CFPL) and Financial Wisdom (FW) will have to reopen the compensation process by contacting more than 4,000 clients with an ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
... that," Perkovic said. She added: "we will want our advisers to be part of an industry association." Commonwealth Financial Planning (CFPL) and Financial Wisdom were accused of not being transparent enough in the way they gave financial advice to their ...