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Showing 581 - 590 of 2903 results for "Commonwealth bank"

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
The amount of premiums group insurers charge have outweighed benefit payments by a whopping $21 billion over the last five years, Rainmaker analysis reveals. Using APRA data of industry and retail superannuation funds and their respective life insurers ...

FSC adds to board

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... board along with Challenger chief financial officer Andrew Tobin and chief executive officer of NewCo at the Commonwealth Bank Jason Yetton.

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... the continued expansion in new orders presages improving activity going forward. This is consistent with the Commonwealth Bank of Australia (CBA) PMI survey. The flash estimate of the CBA composite PMI index rose from a reading of 51.5 in May to 53.1 ...

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
Commonwealth Bank is reviewing options for its CommSec Advisory business, including a potential sale. "As part of our focus on becoming a simpler, better bank, we are currently reviewing a number of options for CommSec's retail financial advice ...

Culture isn't everything: ASIC

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... on short-term financial results "to the exclusion of anything else", noting APRA's prudential report into the Commonwealth Bank documented the dangers of using such a lens to evaluate performance. With culture forming a strong theme in the Royal Commission's ...

Former First State chief joins TCorp

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... service to superannuation. The addition of Dwyer to the TCorp board follows the manager's appointment of former Commonwealth Bank debt markets head Simon Ling in May, as financial markets general manager.

CBA sells advice dealer group

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
Commonwealth Bank is offloading its financial advice subsidiary, Count Financial. The group announced this morning is has entered into an agreement to sell the dealer group to CountPlus for $2.5 million. It will also, over time, sell its 35.9% holding ...

Challenger funds management chief resigns

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... two divisions: Challenger Investment Partners and Fidante Partners. Saines was previously a group executive at Commonwealth Bank's institutional banking and markets business, instrumental in designing and implementing the group's total capital solutions ...

Spitfire acquires adviser platform, names chief

ELIZABETH MCARTHUR, KARREN VERGARA  |  MONDAY, 3 JUN 2019
... for BT Panorama's investment, managed accounts and superannuation capabilities. He previously worked at Commonwealth Bank, Macquarie Bank, GBST and Morgan Stanley. Johnson said he is looking forward to working with the Spitfire team to improve the ...

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
... 7.9 percentage points better than their larger counterparts, whose satisfaction levels are clustered together. Commonwealth Bank leads the way, sitting at 78.1% satisfaction, with the worst of the big four, NAB (72.7%) no more than 5.4 percentage points ...