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Industry loses 59 advisers this week | Money Management

The number of advisers dropped this week by 59 to 18,764 as AMP Financial Planning fell to second spot.

CBA retreats as AIA gears up for scaled back advice offering

While the nation's biggest bank has completed its retreat from retail wealth management, insurance giant AIA Australia will pick up its clients and offer advice to "lower to middle-income Australians" with "simple wealth needs".

Commonwealth Financial Planning to shutter

Commonwealth Financial Planning is closing, Commonwealth Bank announced today.

Update on Commonwealth Financial Planning 26 October

Commonwealth Bank of Australia (CBA) today confirmed it will commence the closure of the remaining Commonwealth Financial Planning (CFP) business and

AIA launches advice subsidiary with CBA

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

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