Search ResultsShowing 1 - 10 of 100+ results for "Commonwealth"
Class action accuses CFS of dodgy insurance fees
ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... that hundreds of thousands of Australians were charged excessive insurance premiums. The action alleges CFS, as Commonwealth Bank's superannuation provider, put members into policies with CommInsure and that the fees charged in these CommInsure policies ...
Banking sector losses continue
ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... of anti-money laundering laws, further hindering its reputation," the report said. The nation's largest lender, Commonwealth Bank, seems to have avoided the same fate as its counterparts, though still lost 3% value estimated to be around $10.2 billion. ...
Chief economist update: More from Morrison
BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
... no interest accruing during this period. The subsequent interest rate would be set at 50 per cent of the 10-year Commonwealth government bond rate - currently around 0.6 per cent," it reads. The piece continues: "Building on the disaster recovery grants ...
Investment boutique makes PIMCO hire
ALLY SELBY  |  FRIDAY, 17 JAN 2020
... AustralianSuper as a senior analyst, at Australian National University as a statistics lecturer, and AMP Capital and Commonwealth Bank in quantitative strategy. The newly created research team will support portfolio managers in researching and developing ...
Crestone bolsters team
ELIZABETH MCARTHUR  |  TUESDAY, 14 JAN 2020
... Elliott Greenberg were appointed as investment advisers in Crestone's Sydney offices. Shalhoub joined Crestone from Commonwealth Bank of Australia, where he was an executive manager in the private banking business. Prior to that, he spent eight years ...
Commonwealth Super mulls platform changes
KANIKA SOOD  |  MONDAY, 13 JAN 2020
Commonwealth Superannuation Corporation is considering making changes to how it administers about 570,000 defined benefit member accounts as its existing systems age. CSC has invited interested companies to submit proof-of-concepts for a core registry ...
Latitude Financial joins banks on AFCA complaints list
ALLY SELBY  |  MONDAY, 13 JAN 2020
... the biggest failed IPO of 2019. The data, published by the Australian Financial Complaints Authority, pegged the Commonwealth Bank as the most complained about financial services institution in the country, followed by ANZ and NAB. Also making the top ...
Platform ends year with hiring spree
ELIZABETH MCARTHUR  |  THURSDAY, 9 JAN 2020
... brings over 15 years' experience in the industry having previously worked at National Australia Bank, BT and the Commonwealth Bank. Meanwhile, Oliver jumped to Xplore from HUB24 where he was a business development manager. He's also previously worked ...
Masterfunds up $26 billion
ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
... which has 31.3% boost, Xplore Wealth had the next best year for FUM growth with 8.8%, IOOF saw an 8% increase and Commonwealth/Colonial saw 5%. There was more modest growth at Macquarie (4.3%), Mercer (4.2%) and BT (3.7%). Wraps now account for $414.2 ...
$3.3 billion fall in retail managed funds
ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... in negative territory, down 5% and 1.9% respectively. For IOOF retail managed funds had a little boost of 6.2%, Commonwealth Bank and Colonial First State saw a 5.1% increase, Macquarie rose by 4% and BT Financial Group increased 3.4%. Year on year Inflows ...
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