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| | | Commonwealth Bank chief executive Ian Narev said it had been a difficult year for life insurance income and more work needs to be done to make its product attractive. Yesterday the bank announced a $9.1 billion cash profit for the past financial year ... |
| | | | Commonwealth Bank recorded a $9.1 billion cash profit in the last financial year with its wealth management arm the only division to see a profit drop. The bank's total cash profit was a 5.3% increase on the previous year yet its wealth management profits ... |
| | | | ... the year before. The group has relationships with over 500 independent financial advice firms as well as with Commonwealth Bank, BT, AMP and IOOF; four of the country's top six aligned advice businesses. The inclusion of the Magellan Global fund on the ... |
| | | | ... institutions supporting the initiative are ANZ, Bank of Queensland, Bank of Melbourne, Bankwest, BT Financial Group, Commonwealth Bank, ING, ME Bank, MLC, NAB, St. George and Westpac. The only superannuation fund in the list is AustralianSuper, while ... |
| | | | ... Stronger Super development manager Jim Baker, BT Financial Group superannuation program manager Matthew Thomas, Commonwealth Bank's Geoff Ferguson, Suncorp Life chief executive Geoff Summerhayes, King & Wood Mallesons partner Richard Snowden and Perpetual ... |
| | | | ... and moral psychology training, following major scandals in their advice divisions. AMP, Macquarie Bank, ANZ, Commonwealth Bank and BT Financial Group have developed and funded a program in ethical literacy along with not-for-profit organisation The Ethics ... |
| | | | ... restructured its financial planning business and appointed four executives from IOOF-owned Shadforth Financial Group, Commonwealth Bank and AMP-owned Genesys and Charter Financial Planning. As part of the restructure, Fortnum Financial Advisers has also ... |
| | | | ... and the National Australia Bank's report into SMSF sector is due out and the Financial Services Council and Commonwealth Bank release a study on older workers. In equities news, iiNet has a scheme meeting for a vote on the proposed TPG takeover, Atlas ... |
| | | | Commonwealth Bank chief executive Ian Narev has insisted that despite the challenges the bank has faced in its financial advice business and in spite of widespread digitisation, face-to-face planners will remain at the heart of the company's business ... |
| | | | ... were gains by Oil Search after its improved full year production forecast, and three of the big four banks. Commonwealth Bank was the only major lender to be lower, down 34 cents at $88.02. |
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