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Showing 801 - 810 of 1264 results for "CBA"

CBA whistleblower casts doubts over compensation scheme

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
Former Commonwealth Bank (CBA) planner and whistleblower Jeff Morris has expressed concern over a number of aspects of the bank's Open Advice Review program to compensate victims of bad advice. The adviser, who blew the whistle on cases of advice misconduct ...

Fixed it

BENJAMIN ONG  |  THURSDAY, 24 JUL 2014
... Patrick Winsbury in a statement on the ratings cut." Recall, too, Australian's A angst against the 'Big Four' banks - ANZ, CBA, NAB, WBC - when they refused to pass on the RBA's interest rate reductions in full citing "...the cost of funding, including ...

FSI recognises the "powerful force" of tech

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
... with the financial system and how the system functions," the report said. The inquiry headed by former Commonwealth Bank (CBA) chief executive David Murray has proposed a "technology neutral" regulatory approach to address the rapid changes in this area ...

CBA to fund adviser education and association membership

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
The Commonwealth Bank (CBA) has confirmed that it will provide full funding to cover costs involved with the tougher adviser education standards announced last week. As revealed by Financial Standard, CBA decided to raise adviser standards in the wake ...

New Investors Mutual LIC gets rating and platform approval

MARK SMITH  |  THURSDAY, 17 JUL 2014
... open from now to 8 August, 2014 with a raising target of between $100 and $200 million. The issue has been arranged through CBA Equities who are also one of the joint lead managers to the issue along with BBY, Patterson and Taylor Collison and co manager ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... of the financial system inquiry says confidence has been central to his review panel's work. David Murray, a former boss of CBA, handed down his interim report on Tuesday, a large proportion of which was dedicated to the superannuation industry. A major ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
... Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC), the Commonwealth Bank (CBA) will lift the minimum education standards for its financial advisers and demand that they belong to a professional association. ...

Retired High Court judge to chair CBA review panel

LAURA MILLAN  |  FRIDAY, 11 JUL 2014
Retired High Court Justice Ian Calllinan will head Commonwealth Bank's (CBA) independent review panel for the Open Advice Review program that will assist victims of bad financial advice between 2003 and 2012. Callinan will advise CBA chief executive ...

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
... matters examined," Bowen said. Bowen said that Labor will be pushing for a further parliamentary inquiry into ASIC and the CBA because it is "the best that the Labor party can do in this position to have these matters dealt with." The government has ...

Macquarie rebukes advice, compliance concerns

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
... failings of compliance and it had a poor compliance culture." "Given that ASIC did not, until recently, fully understand how the CBA was implementing its compensation schemes for clients affected by the CFPL scandal, the committee doubts ASIC is fully ...