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Showing 71 - 80 of 287 results for %22G%26C Mutual Bank%22

CommInsure cops $700k hawking fine

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
CommInsure has been fined $700,000 after pleading guilty to hawking offences. The Colonial Mutual Life Assurance Society - a Commonwealth Bank subsidiary trading as CommInsure - has been convicted of 87 counts of offering to sell insurance products ...

Financial planning pioneer to speak at FPA Congress

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... switch to finance came after a speaking event where he addressed about 700 people and the next day received a letter from a mutual fund company inviting him to work for them, to share his human-centric ideas. The switch to financial planning came after ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
CommInsure has pleaded guilty to 87 hawking offences. ASIC announced that Colonial Mutual Life Assurance Society, trading as CommInsure, has entered a guilty plea for 87 counts of offering to sell insurance products in the course of unlawful, unsolicited ...

Boutique hires CBA's credit strategy lead

KANIKA SOOD  |  MONDAY, 4 NOV 2019
... hired Commonwealth Bank's highly-regarded head of credit strategy, as it launches two new funds. Scott Rundell is joining Mutual Limited as its head of research and strategy in a newly-created role. Mutual Limited was started about 10 years ago by Wayne ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... under the new agreement AIA will "obtain an appropriate level of direct management and oversight" of the business. Colonial Mutual Life Assurance Society, the key life insurance entity of CommInsure Life, has also implemented reinsurance arrangements ...

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... further comment, though did point out it ceased telephone sales of Simple Life insurance products issued by the Colonial Mutual Life Assurance Society (CMLA) - which trades as CommInsure - at the end of 2014. "These matters had been the subject of an ...

Return to the mutual model: Expert

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
A financial advice industry veteran has called for a return to the mutual model, saying the sector has lost focus and a sense of purpose. Property Funds Management Australia chief executive Barry Daniels has said there is still hope for the industry ...

Bennelong boutique scores first insto mandate

KANIKA SOOD  |  THURSDAY, 26 SEP 2019
... its first institutional allocation from a specialist insurer. Quay Global Investors won an undisclosed amount from Avant Mutual Group, as the latter switched managers and increased allocation to listed real estate. "[We are] delighted to be Quay's ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
... of $1.475 billion from AIA. Also as part of the revised agreement, CommInsure Life's main life insurance entity Colonial Mutual Life Assurance Society (CMLA) plans to enter into a reinsurance arrangement with a global reinsurer. CBA expects to receive ...

PPS Mutual bolsters leadership

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
Specialist insurer PPS Mutual announced two senior appointments from ANZ Wealth and Asteron Life. Steve Salter has been appointed state manager for Western Australia and South Australia and David Lowe steps into a senior underwriter position. Salter ...