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Showing 171 - 180 of 470 results for "LEI"

CBA to pay $23 million for poor advice

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
The Commonwealth Bank will pay at least $23 million in compensation to customers found to have received inappropriate and costly financial advice. Promontory Financial Group confirmed it has completed all assessments of Commonwealth Financial Planning ...

Half of Australian households will be retire ready

EMMA RAPAPORT  |  TUESDAY, 7 FEB 2017
About half of Australian households are expected to have enough saved for a comfortable retirement, according to the latest CommBank Retire Ready Index. The report, which bases their comfortable retirement standard on the Association of Superannuation ...

CBA defends 'incorrect' personal advice claims

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
The Commonwealth Bank has responded to reports by Fairfax claiming a CBA bank teller had provided personal advice to a now-deceased customer. Last week Fairfax revealed CBA is working through a $68,000 compensation claim as part of its Open Advice Review ...

ASIC probe reveals 185 more CBA compo cases

KERRIE SYDEE  |  TUESDAY, 6 DEC 2016
KordaMentha Forensic's third report on the varied licence conditions imposed on Commonwealth Financial Planning and Financial Wisdom has revealed compensation has been offered to a further 185 cases. The report was required under the additional conditions ...

Instos consider Aussie infrastructure plans

DARREN SNYDER  |  FRIDAY, 25 NOV 2016
Industry superannuation funds and other institutional investors were watching with interest yesterday as the Federal Government unveiled its infrastructure strategy for the next 15 years. Most significant is the government's development of a freight ...

Cromwell introduces Euro property fund

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2016
Cromwell Property Group is launching the Cromwell European Cities Income Fund. The fund, which received €205 million in seed capital from Denmark's largest privately owned life insurance company PFA Pension, is a long-term, open-ended core fund with ...

Cities over countries for TH Real Estate

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
Understanding local, long-term structural trends is key to preserving investment value and unlocking performance growth in cities throughout the US, Europe and Asia-Pacific, according to TH Real Estate. The firm's head of global research Alice Breheny ...

Crestone signs former Rio Tinto CEO

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
Wealth management firm Crestone has named a new non-executive director. Leigh Clifford joins Crestone, which now has $14 billion in assets under management, having accrued substantial experience in the management of businesses in Australia and internationally ...

IOOF chair to retire, director appointed

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
IOOF has revealed its chair will retire at the company's annual general meeting in November and has appointed a new non-executive director. Dr Roger Sexton will retire from the IOOF board having spent 15 years as a director of IOOF and four years as ...

Macquarie Australia's favourite finance brand on social media

KERRIE SYDEE  |  WEDNESDAY, 28 SEP 2016
Macquarie has beaten the big four banks when it comes to customer engagement and is the favourite Australian finance brand on social media, according to a new report from NetBase. The finance love list is part of the NetBase Top 50 Love List which examines ...