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

Search Results

Showing 61 - 70 of 1200 results for "CBA"

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... figures this morning, which total $1.86 billion as at the end of June. NAB has returned the highest amount at $80 million, while CBA has paid out just $9.3 million.

Retail fund tops MySuper tables for FY21

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... p.a. returns). It is ranked 34 th on five- and seven-year horizons. Essential Super is currently in court, with ASIC alleging CBA used conflicted remuneration in breach of Corporations Act to distribute the fund to 390,000 customers. CBA denied the allegation ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... Wisdom. AIA Financial Wellbeing will operate under a separate AFSL to AIA Australia, offering personal advice to customers of CBA with life insurance and wealth needs. Advice will be provided by salaried advisers and AIA will extend employment offers ...

Commonwealth FP under review, partially offloaded

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... said. The advice will be provided by salaried advisers, with AIA saying it will offer roles to some Commonwealth FP employees. CBA noted that it is undertaking a strategic review of the remainder of Commonwealth FP in the context of its strategy which ...

Yarra Capital appoints managing director

ELIZABETH MCARTHUR  |  FRIDAY, 23 JUL 2021
... in the managing director role, based in Melbourne. Eason was most recently chief financial officer, enterprise services, at CBA where he had financial accountability for the Group's digital, technology and operations functions. Since 2017, Eason was ...

CFS unveils new leadership team

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... recruiting for a newly created CFS group chief risk officer position to bring risk and compliance expertise as it separates from CBA. Coombe said the appointments will strengthen capability and capacity as the business continues to prepare for sale completion ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... property on an average of 4.78 years faster using the First Home Loan Deposit Scheme (FHLDS) or New Home Guarantee (NHG). CBA customers in NSW saved an average of 5.05 years followed Victoria (4.99 years), ACT (4.53 years), WA (4.50 years), SA (4.42 ...

Wilsons adds to board

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
... Ralph Norris and Jeremy Williamson have been appointed as non-executive directors. Norris was previously chief executive of CBA from 2005 to 2011 and of ASB Bank and Air New Zealand. He is currently chair of Wilsons New Zealand partner Craigs, RANQX ...

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... Commonwealth Financial Planning and Financial Wisdom recommended their clients take out life insurance policies through former CBA subsidiary Commonwealth Mutual Life Assurance (now owned by AIA), when cheaper premiums for similar policies were available. ...

CBA offloads general insurance arm

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... includes a 15-year strategic alliance that provides Hollard with the distribution of home and motor insurance products to CBA's retail customers. CBA will continue to earn income on these products. The deal includes $625 million of upfront consideration ...