Search Results | Showing 1 - 10 of 26 results for "Open Advice Review Program" |
| | ... planning customers has reached $29 million, according to the seventh and final Promontory report into the Open Advice Review Program. Of that amount, $22.9 million has been paid so far to 1641 cases. CBA indicated to Promontory that it intended to finalise ... |
| | | ... Commonwealth Financial Planning and Financial Wisdom customers who requested an evaluation as part of CBA's Open Advice Review program; more than 8600 cases in total since its establishment in July 2014. In a statement CBA executive general manager advice ... |
| | | ... customer. Last week Fairfax revealed CBA is working through a $68,000 compensation claim as part of its Open Advice Review program, with the key complaint being that a customer, Raymond Kataryna, was given personal advice by a bank teller which resulted ... |
| | | The Commonwealth Bank of Australia (CBA) has offered $4,857,974 in compensation as part of its Open Advice Review program, which has seen over 9000 cases submitted for review. CBA independent expert, Promontory Financial Group, has released its fifth ... |
| | | CBA has been accused of severely mishandling its Open Advice Review program by a former employee. Former Open Advice Review assessment manager Russell Phillips alleged at the Senate Standing Committees on Economics Scrutiny of Financial Advice public ... |
| | | ... the police, and has co-operated in the ongoing investigations. The move comes amid the bank's ongoing Open Advice Review program which has so far compensated 19 clients and paid out just under $500,000. CBA has hired 613 employees to investigate 8,835 ... |
| | | ... In total, the bank has offered $950,252 in compensation, but paid $488,815 as of 31 August 2015. The Open Advice Review program was set up after media leaks and a subsequent parliamentary inquiry uncovered numerous cases of bad advice and a widespread ... |
| | | ... responded to the problems within its advice business, paying out $52 million so far as part of the Open Advice Review Program. "Under Annabel [Spring]'s leadership and Marianne [Perkovic]'s leadership over three years we have spent tens of millions of ... |
| | | The Commonwealth Bank (CBA) Open Advice Review program has paid $79,702 to five clients who received bad advice from the bank's financial planners, while most clients are still reviewing the compensation proposal. Independent expert for the compensation ... |
| | | ... to $5,000 to review the advice they received. The report looks at compensation schemes prior to the Open Advice Review program that started in 2014. Specifically, it looks at Project Hartnett, which the bank put in place in 2008, and at the Compensation ... |
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