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Showing 1471 - 1480 of 4381 results for "Commonwealth"

Australians are hardly retirement ready

DARREN SNYDER  |  THURSDAY, 27 AUG 2015
Australians on the verge of retirement are least likely to be retirement ready according to new analysis from Commonwealth Bank. Reviewing the data of more than 12 million Australian superannuation accounts as at 30 June 2014, CommBank and Rice Warner ...

Countplus sells back stake in advice firms

LAURA MILLAN  |  MONDAY, 24 AUG 2015
Commonwealth Bank-owned Countplus has sold its stake in two advice firms to management and senior employees. Employees and principals of Gold Coast firm MBA Partnership have bought back Countplus' 40% interest in the business. A 30% stake of Melbourne-based ...

CBA enlists SuperIQ for SMSF service

ALEX BURKE  |  THURSDAY, 20 AUG 2015
... with SuperIQ to provide self-managed superannuation fund establishment and administration services. Under the brand Commonwealth SMSF - and using the Member Dashboard software developed by SuperIQ - CBA will issue SMSF trustees with consolidated investment ...

IRESS sees profit in wealth management

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
... continued demand in the wealth management segment with IRESS appointed as the financial advice technology partner for Commonwealth Bank during the period. IRESS also acquired digital advice platform Innergi. In its announcement to the Australian Securities ...

PROFILE: SSGA head of Investment Solutions Group Mark Wills

LAURA MILLAN  |  THURSDAY, 20 AUG 2015
... equities and cash." After NSW State Super, he had a number of jobs on both the buy and sell side including roles at Commonwealth Bank Asset Management, at Westpac Investment Management and at Goldman Sachs Asset Management, where he became an equity ...

Capital raising not total solution: CIFR

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
... less attention has been paid to governance despite a strong link between governance and risk-taking. Yesterday the Commonwealth Bank announced a $5 billion capital raising that will see an opportunity for eligible shareholders to buy one new share for ...

Difficult year for insurance income: CBA

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
Commonwealth Bank chief executive Ian Narev said it had been a difficult year for life insurance income and more work needs to be done to make its product attractive. Yesterday the bank announced a $9.1 billion cash profit for the past financial year ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
Commonwealth Bank recorded a $9.1 billion cash profit in the last financial year with its wealth management arm the only division to see a profit drop. The bank's total cash profit was a 5.3% increase on the previous year yet its wealth management profits ...

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
... during the year before. The group has relationships with over 500 independent financial advice firms as well as with Commonwealth Bank, BT, AMP and IOOF; four of the country's top six aligned advice businesses. The inclusion of the Magellan Global fund ...

Financial services industry unites for marriage equality

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
... institutions supporting the initiative are ANZ, Bank of Queensland, Bank of Melbourne, Bankwest, BT Financial Group, Commonwealth Bank, ING, ME Bank, MLC, NAB, St. George and Westpac. The only superannuation fund in the list is AustralianSuper, while ...