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Financial Planning

CBA apologies again, refutes reckless culture accusations

Commonwealth Bank has apologised again for the misconduct of its financial advisers that resulted in clients losing millions in retirement savings and has refuted accusations that its sales-based culture was "reckless."

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Read more: ASIC,  CBA,  Senate Committee,  CFPL,  Commonwealth Bank,  Group,  Investments Committee,  Financial Planning,  Australian Securities,  Commonwealth Financial Planning,  Economics Committee chairman Senator Mark Bishop,  Financial Standard coverage,  Senate Economics Committee inquiry,  Senate Economics Committee report,  Senator Bishop