Search Results | Showing 141 - 150 of 187 results for "Advice Review" |
| | | ... December 2016. This was paid to approximately 1347 customers affected by 97 SCC advisers, and excludes CBA's Open Advice Review remediation program. $5,928,821 was paid in response to customer complaints, $22,765,365 was paid under previous or existing ... |
| | | | ... 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 ... |
| | | | ... now-deceased 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 ... |
| | | | Carwardine Financial Services will undergo an independent external review of its compliance after ASIC surveillance identified a number of concerns. ASIC's surveillance concluded in September 2016 and identified a number of issues with Carwardine's ... |
| | | | ... advisers. ASIC has not proposed taking any further action. Commenting on the report, CBA executive general manager advice review program, Leif Gamertsfelder said: "This report shows we have continued to deliver on our commitment to customers and demonstrates ... |
| | | | ... more than 10% of advice customers had received inappropriate advice. "Of the 8000 people, roughly, who wanted their advice review, 6000 reviews have now been done. So far we have seen that in nearly 90% of those cases the advice given was proved to be ... |
| | | | CBA has provided an update on its Open Advice Review, saying it has offered $9.4 million in compensation to customers. The bank contacted 350,000 at the review's outset, 8,600 of whom requested a review. So far, 5,300 of those requested assessments ... |
| | | | 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 ... |
| | | | ASIC has accepted an enforceable undertaking (EU) from HSBC Bank Australia concerning "potentially deficient advice" provided on retail structured products. The advice in question was provided between January 2009 and March 2013, affected 464 out of ... |
| | | | The fourth update on CBA's Open Advice Review has been released, which the bank said is evidence that the "majority of customers" assessed so far received appropriate advice. The report, prepared by Promontory Financial Group, is based on the nearly ... |
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