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Showing 221 - 230 of 499 results for "Bank SA"

BT launches 'ground-breaking' advice register

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
... standards for all its advisers. By the end of 2019 all advisers employed in the Westpac, St. George, Bank of Melbourne and Bank SA networks will have to hold a Certified Financial Planner (CFP), Fellow Chartered Financial Planner Practitioners (FChFP) ...

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 ...

NAB takes a $1bn hit

AAP  |  THURSDAY, 9 OCT 2014
National Australia Bank has flagged a slide in its full year earnings of up to 14% after taking a more than $1 billion hit to its books. Today the bank unveiled a string of writedowns and provisions, chiefly linked to misconduct by its troubled UK business. ...

Market Wrap AM

AAP  |  THURSDAY, 11 SEP 2014
The Australian sharemarket is tipped to open higher following overnight gains on Wall Street. The September share price index futures contract is up 18 points at 5,595. Enthusiasm about Apple's latest product launches have propelled US stocks higher ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
Commonwealth Bank (CBA) is in advanced discussions with a number of plaintiff law firms that will act as independent consumer advocates in the Open Advice Review program to compensate victims of poor financial advice. CBA is expecting to announce the ...

BOQ CEO resigns for overseas role

STAFF WRITER  |  WEDNESDAY, 13 AUG 2014
BOQ chief executive Stuart Grimshaw will depart the bank at the end of August to pursue a non-banking opportunity outside Australia. Chief operating officer Jon Sutton will take over as acting chief executive from 1 September 2014. The Board is currently ...

CBA apologies again, refutes reckless culture accusations

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
Commonwealth Bank has apologised again for the misconduct of its financial advisers that resulted in clients losing millions in retirement savings and has refuted accusations that its sales-based culture was "reckless." The bank has issued a statement ...

Market wrap AM

AAP  |  TUESDAY, 24 JUN 2014
The Australian market looks set to open flat after Wall Street finished little changed following mixed economic data while investors keep watch on continued unrest in major oil-producer Iraq. At 0645 AEST on Tuesday, the September share price index ...

Financial Wisdom to face class action for poor advice

LAURA MILLAN  |  MONDAY, 16 JUN 2014
Commonwealth Bank-owned Financial Wisdom will face a class action started by Shine Lawyers for inappropriate investment advice to more than 3,000 clients. Shine Lawyers confirmed to Financial Standard that the law firm is now collecting evidence to ...

Market Wrap AM

AAP  |  THURSDAY, 22 MAY 2014
The Australian share market is set for a positive start to trade, after Wall Street lifted when the US Federal Reserve confirmed no change to its interest rate plans. At 0700 AEST on Thursday, the March share price index futures contract was up 23 points ...