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Financial Planning

CBA forced to review poor compensation methods

Commonwealth Financial Planning and Financial Wisdom will have to reopen compensation processes for more than 4,000 clients after its methods were found to be inconsistent and disadvantaged customers.

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Read more: CBA,  ASIC,  Financial Planning,  Commonwealth Financial Planning,  Financial Wisdom,  Senate,  Shine Lawyers,  ABC investigation shed light,  Anthony Awkar,  ASIC CBA,  Australia,  Australian Securities,  CFPL,  Commonwealth Bank,  Don Nguyen,  Economics Committee,  Fairfax,  Financial Standard coverage,  FWL advisers,  Greg Medcraft,  Investments Commission,  May 30