Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 355 results for %22CBA Super%22

AUSIEX launches, announces leadership team

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... acquire CAS in April 2020. CAS is separate to CommSec's retail broking business. On 1 May 2021, AUSIEX separated from CBA to operate independently, providing trading, asset management solutions, and wholesale brokerage that includes equities execution ...

ABC, ISH arrangement faces scrutiny

KARREN VERGARA  |  MONDAY, 29 MAR 2021
... added, how much the correspondent is getting paid, or the terms and conditions of the agreement. If this was Westpac, AMP or CBA or any other institution, Falinski said he had no doubt that APRA and ASIC would be all over them like a "ton of bricks". ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
Lawyers for Commonwealth Bank (CBA) and Colonial First State (CFS) in its ongoing case against ASIC have told the court the parties have no intention of admitting to any contraventions in relation to Essential Super and an alleged $22 million in conflicted ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... returned to customers who suffered loss or detriment due to fees for no service misconduct or non-compliant advice. AMP, ANZ, CBA, Macquarie, NAB and Westpac undertook the review and remediation programs to compensate affected customers as a result of ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... specialised loan products such as reverse mortgages. "CGF's current one-year term annuity rate is 1.04%. This compares to CBA's current one-year term deposit rate of 0.55%, so we anticipate demand could be high..." "When an adviser sells a term deposit ...

The platforms with the most advisers

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... share. This includes BT Wrap (5122 advisers and 5.7% market share), North (5019 advisers and 5.5% market share), AMP Flexible Super (4919 advisers and 5.4% market share), Macquarie Wrap (4709 advisers and 5.2% market share) and IOOF (4539 advisers and ...

CFS Investments chair to retire

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... superannuation and investment businesses in Australia and I am proud to have played a part in its many achievements during my tenure." CBA is in the process of offloading 55% of CFS to private equity firm KKR for an estimated $3.3 billion. "I look forward ...

Superhero nabs new recruits

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... set to join the platform over the coming weeks. Smeaton, Superhero's newly appointed chief compliance officer, has worked at CBA for over two years, most recently as an executive manager of regulatory supervision and global regulatory affairs, where ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... at were not aligned with the net zero by 2050 target. About 55% of funds (including AustralianSuper, BT, CareSuper, CBA Super, Hostplus, Macquarie, Mercer, QSuper, Rest, Sunsuper and TelstraSuper) were undertaking activities to reduce portfolio emissions ...

Uniti ups bid to compete with First State Super

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... combination of the issuance of 84 million Uniti shares to OptiComm shareholders and a 3-year debt facility with Westpac and CBA worth $250 million, as well as existing cash. As of August 21, Uniti had approximately $302 million in cash on its balance ...