By Adele Ferguson & Ben Butler @ The Sydney Morning Herald (June 27, 2014) A powerful Senate committee has called for the Commonwealth Bank of Australia to face a royal commission to investigate fraud, forgery and allegations of a cover-up inside its financial planning arm. Thousands of Australians have lost their life savings as a…

By Adele Ferguson and Ruth Williams @ The Sydney Morning Herald (June 14, 2014) The Commonwealth Bank could be forced to pay hundreds of millions of dollars in additional compensation to customers who claim they were victims of misconduct including fraud and forgery in its financial planning business. A powerful Senate inquiry into the Commonwealth…

By Adele Ferguson @ The Sydney Morning Herald (June 27, 2014) A leaner, meaner corporate regulator with increased powers to identify crooks and come down hard on them is something this country needs. Australians also need to have their trust in financial planners restored given they are the foot soldiers who influence where much of…

By Eryk Bagshaw @ The Sydney Morning Herald (June 27, 2014) When Teagan Couper’s father Noel was diagnosed with pancreatic cancer, his family felt secure his life insurance would be enough to financially compensate for his death. But soon after his terminal diagnosis, they discovered the high-risk policy recommended by the Commonwealth Bank was almost…