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Showing 31 - 40 of 945 results for %22Commonwealth Financial Group%22

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... joined pre-2013 and were charged under the 'grandfathering exception'. "Many of the advisers worked for the Commonwealth Bank group which made significant profits from retaining these commissions," the firm said at the time. "This is a great ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... UFJ Financial Group but was previously called Colonial First State Global Asset Management when it was owned by the Commonwealth Bank. CBA sold CFSGAM for $4.2 billion in 2019 as part of demerging its asset management, mortgage broking and wealth businesses ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... Brick Road as its general counsel and company secretary. Prior to that, he held senior legal counsel roles at the Commonwealth Bank, Challenger and IBM. "AZ NGA is an ambitious company with a high calibre team, and I am excited about the opportunity ...

Iress expands superannuation leadership

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... advice tool, securing initial agreements with Hostplus and Industry Fund Services. Iress currently has mandates with Commonwealth Superannuation Corporation and ESSSuper.

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... reality is any legal action takes time and that's problematic for small business owners." In 2021, ASIC and the Commonwealth Director of Public Prosecution's criminal investigation into AMP's fee-for-no-service conduct related to its BOLR ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... investment business to Human Financial for a 40% stake in the company. She's also served as chief operating officer for Commonwealth Bank and Lehman Brothers. Hartley has around 40 years' investment experience across all major public and private asset ...

Family office manager names first chief executive

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... serving as director, national account manager at UBS. Previously, Robertson held roles at Colonial First State and Commonwealth Bank. In the newly created position, Robertson will focus on Alvia Asset Partners business development and enhancing its service ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... share of complaints AFCA has registered. Just 22 out of the total 81 complaints are deemed to be resolved. Commonwealth Financial Planning (53), Charter Financial Planning (43), Bridges Financial Services (18), Financial Wisdom (16), Securitor Financial ...

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... for $4.2 billion. It was previously known as Colonial First State Global Asset Management when it was owned by the Commonwealth Bank. Of the 154 managers Rainmaker assessed, 88 reported net losses, which equated to 58% negative net flows. The redemptions ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... speculation on what might happen next month or in the months to follow, however Felsman told Financial Standard the Commonwealth Bank's view is that the RBA is done at 3.85%. "Our central scenario is that we think that the Reserve Bank has peaked ...