Search ResultsShowing 1 - 10 of 100+ results for "Commonwealth Financial Planning"
CommSec responds to sale rumours
ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
... advice. CBA's advice businesses are split across its business bank (CommSec), business bank (Commonwealth Financial Planning)and NewCo (Financial Wisdom). CBA recently offloaded Count Financial to CountPlus for $2.5 million with a $200 million indemn ...
Down but not out: Top advisers adapt
ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... Westpac's exit, a further 147 former Westpac advisers have so far failed to join another licensee. Commonwealth Financial Planning shed 213 advisers, while Count Financial - recently sold to CountPlus - lost 74. Godfrey Pembroke dropped 40 advisers in ...
CBA remediation bill drags performance
KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... million in NPAT, down 42% year on year. Funds management, which comprises Colonial First State, Commonwealth Financial Planning (CFP) and the New Zealand arm, generated $1.1 billion in income - a decrease of $47 million or 4% on the prior year. The majority ...
ASIC reveals advice remediation progress
HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... equivalent staff resource figure was provided by Commonwealth Securities, with Commonwealth Private, Commonwealth Financial Planning, Financial Wisdom and Count Financial reporting no staff were working on the program. All CBA entities except Commonwealth ...
Managed accounts hit milestone
ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... fallen from $40 million to $35 million in the last year. AMP Financial Planning, IOOF Group, Commonwealth Financial Planning, NAB and SMSF Advisers Network are the five largest advice licensees. IOOF is the fastest growing group among the big six - increasing ...
Intiger makes global operations head redundant
KARREN VERGARA  |  MONDAY, 29 JUL 2019
... refocus our operations," Intiger said. Intiger was prompted to restructure its business after Commonwealth Financial Planning dumped their partnership, stating it was unable to negotiate an ongoing commercial agreement. It remains in discussions with ...
Commonwealth Bank mulls retail advice business sale
KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... business bank (where CommSec and hence, CAS sit), retail bank (where the salaried advisers under Commonwealth Financial Planning sit) and in NewCo (with Financial Wisdom). On June 13, CBA said it entered into an agreement to sell Count Financial , which ...
Commonwealth FP completes EU compliance
ELIZABETH MCARTHUR  |  WEDNESDAY, 12 JUN 2019
Commonwealth Financial Planning has complied with ASIC's court enforceable undertaking regarding fees for no service conduct and said it will transition to a new business model. At the end of May, ASIC received an attestation from Commonwealth Financial ...
Dealer group strengthens executive lineup
JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
... head of best advice at IOOF. He has also previously held roles with Colonial First State and Commonwealth Financial Planning. Centrepoint Alliance chief executive Angus Benbow described Cullen as a natural fit for the role. "He is a highly respected ...
Financial tech firm refocuses strategy
ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... technology company will reconfigure its strategy following an unsuccessful pilot partnership with Commonwealth Financial Planning. Intiger will refocus its strategy on developing and marketing its BOOM software after it failed to negotiate an ongoing ...
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