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Showing 31 - 40 of 350 results for %22Commonwealth Bank Group Super%22

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
Despite reporting bumper profits this morning, Commonwealth Bank continues to put out fires from its misconduct stemming from the Hayne Royal Commission, as it looks to tackle several class actions in 2023. One ongoing lawsuit alleges that Colonial ...

APRA restructures, appoints new executive directors

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... brings over 20 years' experience in financial services to the role, having held leadership roles at Westpac and Commonwealth Bank, including across risk, transformation and change, product and portfolio development, and sales and service. Meanwhile ...

Spirit Super appoints chief risk officer

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... navigating products in response to regulation. Prior to Spirit, Terry held the role general manager, asset finance at Commonwealth Bank where she managed the $11 billion asset finance business end to end, including operations, sales, product, and technology ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
... credit, NAB is the only major domestic bank still providing custody services in Australia, having itself acquired Commonwealth Bank's custody business in 2003. Westpac offloaded its custody business to HSBC in 2006, while ANZ exited the space when ...

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
The Federal Court dismissed ASIC's case against Commonwealth Bank and Colonial First State in relation to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... best interests duty would see the industry return to "the bad old days that allowed scandals like those involving Commonwealth Financial Planning and Storm Financial to occur." "This would be an incredible disappointment to the victims of financial advice ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ...

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
State Super has added to its board, appointing a former Commonwealth Bank and Westpac executive. Cathy Yuncken joined the State Super board last month, adding more than 30 years' experience in financial services. She is currently managing director of ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... made plans to. The three that haven't are AMG Super, Colonial First State's FirstChoice and Commonwealth Bank Group Super.

CountPlus names chief executive

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... some of the largest institutions. Prior to NAB, Humphrey was executive general manager, wealth management at Commonwealth Bank and, prior to that, oversaw Commonwealth Financial Planning and BankWest Financial Advice. He also spent close to six years ...