Search Results | Showing 101 - 110 of 132 results for %22Compensation Program%22 |
| | | ... sweeping Senate Economics Committee inquiry. Since then, CBA has put in place an Open Advice Review program to review compensation to victims of poor advice, but the group has not revealed how much this is likely to cost. "The group considers that provisions ... |
| | | | ... results, which will be released this Wednesday. Promontory Financial Group will review the processes of CBA's compensation program to victims of poor financial advice between 2003 and 2012. The group will also report periodically on the outcomes of the ... |
| | | | ... whether the steps taken by the licensees to identify both the advisers and the clients that were covered by the compensation program were reasonable," ASIC said. A CBA written statement confirmed that the advisers subject to the review are "no longer ... |
| | | | ... Morris argued that "neither CBA nor [the Australian Securities and Investments Commission] ASIC should be involved in compensation," given concerns expressed by the Senate Economics Committee over past programs headed by CBA and overviewed by the regulator. ... |
| | | | ... review by the independent review panel, led by Callinan, which will review individual cases and determine whether compensation is payable and, if so, how much. "The Honourable Ian Callinan has demonstrated throughout his career an outstanding ability ... |
| | | | ... added, and noted that "for a long period there was denial." The Financial Planning Association (FPA) welcomed CBA's compensation commitment, but called for an increase of education requirements at the bank's financial planning businesses. "We have proposed ... |
| | | | ... joint committee with CBA to commence the process of identifying all clients and establishing fair and reasonable compensation." He said that the FPA will volunteer senior members of the organisation to serve on the working group in order to ensure proper ... |
| | | | ... the results of the review will have access to a further review by an independent panel which will determine whether compensation is payable and, if so, how much. Customers will also be able to take the matter to the Financial Ombudsman Service. Narev ... |
| | | | Law firm Maurice Blackburn has questioned Commonwealth Bank's compensation to clients affected by inappropriate advice within the bank's financial planning unit given by adviser Don Nguyen. In a submission to the Senate inquiry on the performance of ... |
| | | | ... inflation as outgoing BOJ Governor Shirakawa fears? Interest rates would surely rise as investors demand above-inflation compensation on their fresh purchases of JGBs. Higher interest rates would pressure equity market valuation, and dissuade businesses ... |
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