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Showing 11 - 20 of 26 results for "KordaMentha"

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
... to customers by the end of January 2018. This is ahead of the schedule agreed with ASIC," CBA said in a statement. KordaMentha Forensic was appointed by ASIC to assess the adequacy of CBA's 2012 review of potentially high-risk advisers and found 16 were ...

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 ...

More CBA-aligned advisers under scrutiny

DARREN SNYDER  |  THURSDAY, 17 DEC 2015
... Financial Wisdom (FWL) are to be reviewed for potential inclusion in a compensation program. This is the key finding in KordaMentha Forensic's second report on past activities by the two Commonwealth Bank (CBA) aligned advice businesses. The second report ...

Future Generation IPO raises $300m

LAURA MILLAN  |  THURSDAY, 10 SEP 2015
... Belinda Hutchinson said. Among the fund's first investors were the Smith Family, Peter Scanlon's Scanlon Foundation, the KordaMentha Partners consortium led by Mark Korda and David Winterbottom, and QBE Insurance, which invested $30 million. "FGG is ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
An independent report by forensics firm KordaMentha has confirmed that the advice divisions of Commonwealth Bank (CBA) failed to implement consistent compensation programs under the regulator's surveillance. Following the report, CBA will need to contact ...

ASIC to watch CBA advisers closely

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
... compliance expert to examine the performance of advisers at Commonwealth Financial Planning and Financial Wisdom. KordaMentha Forensic will review past activities by Commonwealth Bank (CBA) advisers and will report to ASIC three times. The forensic expert ...

Charter Hall acquires Bankwest head office

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
... $458 million and the sale was negotiated through CBRE and Jones Lang LaSalle. Charter Hall bought the properties from KordaMentha, which has been appointed liquidator of the former owner, Westgem Investments. The complex occupies an area of 61,564 square ...

KordaMentha appointed trustee to LM fund

LAURA MILLAN  |  TUESDAY, 16 APR 2013
The Supreme Court of Queensland has appointed KordaMentha and its affiliate firm, Calibre Capital Limited, as joint trustees of the LM Managed Performance Fund (LMPF). The Fund is the second largest mortgage investment fund in the LM group and has raised ...

Receivers appointed to Willmott Forests

RUTH LIEW  |  TUESDAY, 7 SEP 2010
... financiers - CBA and St.George - yesterday appointed receivers to the company. Bryan Webster, Mark Korda and Mark Mentha of KordaMentha were appointed receivers and managers of the Willmott Forests Limited group of companies. According to the KordaMentha ...

TC Growers closer to buying Timbercorp assets

RUTH LIEW  |  TUESDAY, 11 AUG 2009
... international investor among its members, the group will now work through the Timbercorp Forestry asset sale with liquidator, KordaMentha. The decision followed discussions with investor grower representatives, with its potential investment partners ...