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Showing 51 - 60 of 566 results for %22Commonwealth Financial Planning%22

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... service in relation to its BOLR Policy and for making misleading statements. In July, the corporate regulator and Commonwealth Director of Public Prosecutions announced that AMP was not involved in any wrongdoing with respect to its fee-for-no-service ...

No charges in AMP BOLR investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 JUL 2021
... AMP's fee-for-no-service conduct related to its Buyer of Last Resort Policy has wrapped up, with the regulator and Commonwealth Director of Public Prosecutions determining no charges should be brought. Under AMP's BOLR policy, when a financial ...

Sequoia launches family office

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... had been director at Macro for three years and has a financial advice background, having worked as an adviser with Commonwealth Bank.

KPMG promotes two super experts

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... joined the consulting firm in March 2016, having previously worked at BT Financial Group, Asgard, St George Bank, Commonwealth Bank and Macquarie. Storniolo also spent over four years at the Financial Services Council prior to joining KPMG, working in ...

CountPlus acquisitions boost revenue by $9.4m

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... 2026 to complete their financial adviser education requirements." Count Financial, which was previously part of the Commonwealth Bank, raised its provision for remediation related to historical adviser misconduct to $252 million.

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... were filed by Diana Tyrrell and Edward Thomas. They claim that financial advisers working for Commonwealth Financial Planning and Financial Wisdom recommended their clients take out life insurance policies through former CBA subsidiary Commonwealth Mutual ...

JANA hires from Mercer

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
... was previously a senior investment analyst at ClearView Retirement Solutions and worked in financial planning at Commonwealth Bank. Maher will work closely with fellow co-head of not-for-profit Michael Karagianis who was appointed to the position in ...

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
The Commonwealth Bank has upped its indemnity bill to $252 million for dodgy financial advisers who were part of its former subsidiary Count Financial. CBA sold off Count Financial to CountPlus in mid-2019. At the time, CBA provided $200 million in ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... people aged older than 65 years of age using residential or transitional home care. This ratio extends to 60% if Commonwealth supported aged care services are included. According to APRA data, just 10% of retirees have more than $500,000 in superannuation ...

AMP advice transformation leads exits

KARREN VERGARA  |  FRIDAY, 7 MAY 2021
... Supervision and Monitoring (SAM) program to support the transformation of the advice business across Commonwealth Financial Planning. Prior to AMP, Hopkins was a program director at TAFE NSW and an executive business manager at Bank of Queensland. Earlier ...