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Showing 61 - 70 of 92 results for %22Commonwealth Managed Investments%22

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
... that it had acted slowly on whistleblower information about cases of misconduct in the financial planning unit of Commonwealth Bank. "We will be looking at any other terms that matter, not only at ASIC's performance on the CBA case," Williams said. "There ...

CBA in talks to hand over management of three funds

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
... management responsibility. CBA confirms it has submitted indicative, non-binding proposals to the Commonwealth Managed Investments Limited (CMIL) board in relation to separate potential internalisations of each of Commonwealth Property Office Fund (CPA) ...

ASIC to face parliamentary inquiry over CBA

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
... after it was revealed that the regulator took 16 months to act on information that suggested serious misconduct in Commonwealth Bank financial planning. The vote took place today following a notice of motion by senator John Williams that was supported ...

CSC awards Challenger $250 million mandate

JAMES FERNYHOUGH  |  WEDNESDAY, 5 JUN 2013
The Commonwealth Superannuation Corporation has awarded a $250 million mandate to investment management giant Challenger Limited, it has been confirmed. The mandate was the first to be signed to Challenger's "Relative Value Debt Strategy" (RVDS) which ...

Commonwealth Financial Planning restructures adviser remuneration

LAURA MILLAN  |  THURSDAY, 18 APR 2013
Commonwealth Financial Planning has announced the restructure of its adviser remuneration packages. As part of the changes it has removed trail commissions for advisers on managed investments and platforms. Insurance renewal revenue will be shared at ...

CBA to snare DIY investors with MyWealth platform

MARK SMITH  |  THURSDAY, 7 FEB 2013
Commonwealth Bank yesterday launched MyWealth, a new platform which attempts to attract the three million Australian do-it-yourself investors to trade shares, ETFs and fixed interest investments online. Described by the bank as a first for the Australian ...

New claimants join class action against CBA

MARK STORY  |  THURSDAY, 7 FEB 2013
New claimants will participate in a class action brought against the Commonwealth Bank of Australia over the sale of complex debt instruments by Gloucester Shire Council in NSW and self-managed superannuation fund Clurname in the Federal Court last ...

Market Wrap - Morning

AAP  |  MONDAY, 10 SEP 2012
... expected to hear Australian Securities and Investments Commission proceedings against Storm Financial, Macquarie Bank, Commonwealth Bank and Bank of Queensland, relating to allegations they ran an unregistered managed investment scheme. The Australian ...

Retail trumps wholesale in managed funds

MELANIE TIMBRELL  |  WEDNESDAY, 14 MAR 2012
... wholesale inflows for the year were up 4.3% to $85.3bn with Challenger, IOOF, Vanguard Investments, Macquarie and Commonwealth/Colonial all reporting significant increases of inflows, despite the drop in the total FUM to $247.1bn. Superannuation funds ...

Eaton Vance affiliate names Aust MD

ELISE BURGESS  |  WEDNESDAY, 1 FEB 2012
... Lawrence was head of investment solutions and research for Vanguard Investments Australia. Before this, he was with Commonwealth Investment Management, managing index portfolios and transition management projects. "The opportunity for Parametric to bring ...