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Showing 801 - 810 of 4379 results for "Commonwealth"

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
The Commonwealth Bank is in the final stages of enterprise bargaining, with the Financial Services Union using the bank's full year results as evidence rises are needed. Despite taking an 11.3% profit hit due to the impacts of COVID-19, CBA managed ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%. The bank announced its FY20 results, saying it reflects the impact of COVID-19 on its customers and the economy, adding ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... sectors - financial services," she said. "By implementing the reforms raised in this report, the National Cabinet and Commonwealth Government can get the best bang for the nation's buck and get Australia back on its feet." Other recommendations in the ...

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
The financial advice arms of AMP, Commonwealth and Westpac are all facing a potential class action from law firm Piper Alderman. The law firm is calling on any customers who have acquired, renewed or continue to hold a financial product on recommendation ...

AFP charges early release scammers

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
... receive a designated service using a false customer name and conspiring to give false or misleading information to a Commonwealth entity. Combined, the charges could carry a maximum penalty of eight years in prison. "Make no mistake. If you try to steal ...

IOOF divests Australian Ethical

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... clients and keeping clients in expensive products as issues prompting the divestment. Australian Ethical also excludes Commonwealth Bank and ANZ under its ethical screens, largely for lending to fossil fuel companies and projects including the Adani ...

First Sentier bolsters board of directors

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... Michelle Tredenick and Richard Wastcoat on the investment manager's board. Following the sale of the business from the Commonwealth Bank to Japanese bank Mitsubishi UFJ Trust and Banking Corporation, First Sentier Investors (formerly Colonial First State ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
... Buyer of Last Resort (BOLR) agreements. ASIC currently has five investigations into AMP ongoing and has briefed the Commonwealth Director of Public Prosecutions on a number of matters, ASIC deputy chair Daniel Crennan stated yesterday during a House ...

ASIC slammed over SMSF data

ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
... procedures at the appropriate time in relation to that data, which was coming from a very reputable brethren agency in the Commonwealth and our responsibility is not to second guess it." Shipton went on to explain the SMSF fact sheet was a pilot program ...

Iress adds to executive team

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... currently serves as chief executive, a role he has held for over four years. Prior to that, he held senior roles at Commonwealth Bank, MF Global and Dendiri Advisory. At CBA Blomfield held a number of positions, having worked at the bank for over 18years ...