CBA

People and Products

Australian Retirement Trust has completed its merger with the $12.3 billion Commonwealth Bank Group Super....

People and Products

CBA Group Super has provided an update on its planned merger with Australian Retirement Trust and the date members can expect to transfer over....

Superannuation

The regulator failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did not receive “conflicted remuneration” benefi...

Superannuation

AMP and Commonwealth Bank have shared updates on ongoing superannuation class actions as they release their financial results. ...

People and Products

Regulatory action against Colonial First State and Commonwealth Bank alleging breaches of conflicted remuneration laws have been dismissed by the Federal Court....

People and Products

Commonwealth Bank will partially transfer its salaried advice business, Commonwealth Financial Planning, to AIA Australia’s new advice subsidiary....

Superannuation

KKR, which acquired 55% of Colonial First State, is under allegations of misconduct but the Commonwealth Bank believes its due diligence was sufficient and that the trans...

People and Products

Jane Couchman will start in the role in May to oversee the fund’s risk and compliance division and work with regulators....

Insurance

The Commonwealth Bank has reset key elements of the transaction around the sale of CommInsure to AIA Australia, including a $150 million reduction in the sale price....

Superannuation

It is only early days, but already the numbers of superannuation fund members who have lost insurance cover as a result of the Government’s Protecting Your Superannuation...

People and Products

Doug Carmichael has announced his retirement as chief executive of Commonwealth Bank’s Group Super offering, effective from the end of this June....

Superannuation

The Superannuation Consumers’ Centre has welcomed a $2.5 million funding burst stemming from regulatory action against two major banks, enabling it to be fully operationa...

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

18 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

18 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

19 hours ago