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Showing 921 - 930 of 2907 results for "Commonwealth Bank"

Difficult year for insurance income: CBA

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
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 ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
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 ...

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
... 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 ...

Financial services industry unites for marriage equality

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
... 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 ...

FSC awards industry execs

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
... 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 ...

Industry giants ramp up adviser ethics training

LAURA MILLAN  |  TUESDAY, 28 JUL 2015
... 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 ...

Aligned execs join Fortnum in advice arm restructure

LAURA MILLAN  |  MONDAY, 27 JUL 2015
... 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 ...

Market to open lower

AAP  |  MONDAY, 27 JUL 2015
... 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 ...

Advisers to remain at centre of CBA: Narev

MARK SMITH  |  WEDNESDAY, 22 JUL 2015
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 ...

Market higher despite resources slump

AAP  |  TUESDAY, 21 JUL 2015
... 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.