21/09/2017
The Commonwealth Bank has sold its beleaguered life insurance business CommInsure to AIA and announced a series of other sweeping changes, including a strategic review of Colonial First State Global Asset Management (CFSGAM).
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Life insurance, CBA, CFSGAM, comminsure, AIA Australia
A cooling-off period would be applied to inter-fund super fund switches and platform trustees would be on the hook for member losses incurred through fraud or theft under proposals contained in a trio of consultation papers released on Wednesday morning.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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