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Showing 391 - 400 of 3424 results for commonwealth bank

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... NAB comes second, with $556.1 million in fees slugged in return for no service affecting 677,531 customers, Commonwealth Bank is footing a $169.3 million compensation bill, while AMP's $230.4 million affects 225,513 customers. Macquarie has the lowest ...

Colonial First State adds to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
... late last year, as Anne Ward retired after chairing the boards for eight years. CFSIL and Avanteos are owned by Commonwealth Bank. In July, CFS promoted general manager of product Kelly Power to chief executive for CFS Superannuation, which also takes ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... four years and then moving on to become chief retail officer between September 2014 and June 2020. This week, Commonwealth Bank announced it is partially transferring its Commonwealth FP advisers to AIA as it reviews its remaining advice offering. The ...

Commonwealth FP under review, partially offloaded

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
Commonwealth Bank has transferred part of Commonwealth Financial Planning to AIA, with the remainder of the business now subject to a strategic review. The big bank has offloaded part of Commonwealth FP to AIA Financial Services, a wholly owned subsidiary ...

National practice manager joins Madison

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... was previously known as Hillross-Consilium. Prior to that, he worked for major institutions like IOOF, ANZ and Commonwealth Bank and BT, serving in senior roles covering practice management. Gapps' hire follows another senior appointment in June whereby ...

Yarra Capital appoints managing director

ELIZABETH MCARTHUR  |  FRIDAY, 23 JUL 2021
Yarra Capital has appointed a new managing director, hiring from the Commonwealth Bank. Edward Eason will have oversight of Yarra's day-to-day operations in the managing director role, based in Melbourne. Eason was most recently chief financial officer ...

Looking beyond high-dividend stocks

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
... said. "We don't expect them to return to the pre-COVID levels or 2019 levels until calendar 2023. But with Commonwealth Bank there is a chance they might make it in 2022." However, Cappetta cautioned over the lack of product innovation from the big ...

Bank rebound buoys Aussie equities funds

ELIZABETH MCARTHUR  |  MONDAY, 19 JUL 2021
... of value stocks, and the outperformance of active management. At an individual stock level, Mercer found that Commonwealth Bank was the largest stock contributor over the financial year, followed by ANZ, Fortescue, BHP, NAB and Westpac. "While the second ...

CFS unveils new leadership team

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... Morgan will join CFS as chief financial officer from MLC where he held the same role. Morgan spent nine years at Commonwealth Bank, including working as chief financial officer of the wealth management business before his move to MLC. In his new and ...

Alphinity adds to global equities team

ANNABELLE DICKSON  |  MONDAY, 5 JUL 2021
... funds and hedge fund-of-funds as well as executive manager, strategy and development. He started his career at Commonwealth Bank in 1999 in a strategy, mergers and acquisition team before moving onto executive manager, strategic business development ...