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Showing 1 - 10 of 2735 results for "Commonwealth Bank"

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... that experienced the worst nominal net member growth were AMP, Insignia Financial, Colonial First State (CFS), Commonwealth Bank Officers Super, and TWUSUPER. CFS lost 29,426 members and saw total membership dip 3.5% year on year; it finished up with ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
Commonwealth Bank was fined $10.3 million by the Federal Court for its involvement in wage theft which led to $16 million in underpayments to over 7400 workers. The case emerged after the Finance Sector Union (FSU) uncovered the bank's systematic ...

AMP chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... following shock revelations at the hearing. Hazelton is the former chief executive of Mizuho Bank in Australia and Commonwealth Bank in Japan. She is currently a non-executive director for the Treasury Corporation of Victoria, Persol Australia Holdings ...

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... central operations at the University of Sydney. She has also held tenures at Zurich, Westpac, BT Financial Group, Commonwealth Bank of Australia, and Colonial First State Global Asset Management. Turner will replace Michael Chernov, who spent 15 years ...

Aware Super restructures executive team

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
... diverse needs. Before joining HESTA, Collins held customer-facing and operations executive positions at AXA, Commonwealth Bank of Australia, and National Australia Bank. She also served as the chief operating officer of Victorian Funds Management Corporation ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... clients. Economists remain divided on which direction interest rates will take in 2024 or if they will move at all. Commonwealth Bank predicts the Reserve Bank of Australia (RBA) will drop the base rate by 0.75% from September in the hope inflation returns ...

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... them." Many of Caddick's clients, which included non-SMSF clients, were given fake CommSec statements with Commonwealth Bank logos showing the shares she claimed to have invested in on their behalf. "Those documents have been shown by the receivers ...

Dexus finds next chief executive

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... Australia and abroad. Before joining Dexus in 2012, he served as head of strategy and corporate transactions at the Commonwealth Bank. Steinberg, who also joined Dexus in 2012, will continue as chief executive until Du Vernet's start date to ensure a ...

MLC Life names general manager, remediation

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
MLC Life has hired the man who led Commonwealth Bank's recent $1 billion remediation program to the role of general manager, remediation programs. Ian Fletcher, currently general manager of program strategy, customer remediation at Commonwealth Bank ...

Pendal manager joins Barings

ELIZABETH FRY  |  MONDAY, 4 DEC 2023
... from Pendal, where she spent three years, most recently as a key account executive. Before that, she worked at Commonwealth Bank as a product manager for business clients. Her appointment follows the hiring of Aaron Thirukumar in August. The Dimensional ...
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