Report confirms failed CBA compensationBY LAURA MILLAN | THURSDAY, 23 APR 2015 1:00PM
An independent report by forensics firm KordaMentha has confirmed that the advice divisions of Commonwealth Bank (CBA) failed to implement consistent compensation programs under the regulator's surveillance.Read more: CBA, Compensation Program, Report, KordaMentha, ASIC, CFPL, Commonwealth Bank, Project Hartnett, Financial Planning, Commonwealth Financial Planning, Australian Securities, FWL compliance, Investments Commission, November 2014, Open Advice Review program
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The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether.
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