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Showing 1121 - 1130 of 4381 results for "Commonwealth"

CBA Group Super appoints CIO

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
Commonwealth Bank Group Super has promoted from within to appoint its new chief investment officer. Acting in the chief investment role since March 2017, Ruwanie Dias was promoted to permanently oversee more than $11 billion at the corporate superannuation ...

Airlie backs financials but wary on banks

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... Portfolio managers Matt Williams and Emma Goodsell told a Sydney event that of the big four banks they only hold Commonwealth Bank. Williams said Australia's banking sector faces numerous headwinds and poor sentiment, especially around the Royal ...

Australian Unity expands investment bond offering

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... Financial Services Partners. Brown was head of advice development at Colonial First State and also held senior roles at Commonwealth Bank's Financial Wisdom dealer group.

Wealthier Aussies seeking advice

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUL 2018
... only other cohorts with an above average tendency to seek advice. More than a third of advised clients bank with Commonwealth Bank (34.6%), which is significantly more than ANZ (23.9%), Westpac (23.4%) and NAB (20.7%). While they don't necessarily use ...

New lead for Productivity Commission

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
... the role. He has been appointed for a five-year period. Brennan is the deputy secretary of Fiscal Group within the Commonwealth Treasury and is a former deputy secretary of the Victorian Department of Treasury and Finance. In announcing the appointment ...

IOOF executive takes new role

JAMIE WILLIAMSON  |  FRIDAY, 13 JUL 2018
... IOOF, Herold was a portfolio manager at AMP and held the same role at Pengana Capital. She has also held roles with Commonwealth Bank, J.P. Morgan and Henderson Global Investors. In announcing Herold's appointment, Centrepoint's advice solutions executive ...

Government mulls reforms to tax residency rules

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
... that the person resides in Australia. Other tests include the 'domicile and permanent place of abode' test and the 'Commonwealth superannuation funds' test. Labelling the existing rules around residency as "uncertain and complex", the advisory board ...

CBA should have done more: Federal Court

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
The Federal Court judge who slapped the Commonwealth Bank with a $5 million pecuniary penalty over its role in setting the bank bill swap rate said the bank should have better supervised its staff. Justice Beach of the Federal Court delivered the assessment ...

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
An ASIC investigation alleges Commonwealth Bank and ANZ branches offered superannuation products to customers at the end of general fact-finding processes, which the customers may have mistaken as "personal" advice rather than "general" advice. Commonwealth ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... April 2018. HSBC joins three of the major four banks currently in the thick of disposing financial planning units. Commonwealth Bank is the latest to demerge from wealth management. Under the CFS Group - Colonial First State, Colonial First State Global ...