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Showing 21 - 26 of 26 results for "Open Advice Review Program"

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... Promontory Financial Group has been appointed independent expert for the Commonwealth Bank's (CBA) Open Advice Review program. The appointment follows a series of announcements made ahead of the company results, which will be released this Wednesday. ...

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... are "no longer employed or authorised by the group." This compensation process runs parallel to the Open Advice Review program and it is addressed at CFPL and FW clients who were included in the Project Harnett scheme and in the compensation program ...

CBA whistleblower casts doubts over compensation scheme

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
... planner and whistleblower Jeff Morris has expressed concern over a number of aspects of the bank's Open Advice Review program to compensate victims of bad advice. The adviser, who blew the whistle on cases of advice misconduct within CBA, told Financial ...

Retired High Court judge to chair CBA review panel

LAURA MILLAN  |  FRIDAY, 11 JUL 2014
... High Court Justice Ian Calllinan will head Commonwealth Bank's (CBA) independent review panel for the Open Advice Review program that will assist victims of bad financial advice between 2003 and 2012. Callinan will advise CBA chief executive Ian Narev ...

Government still mulling response on Senate report

LAURA MILLAN AND AAP  |  THURSDAY, 3 JUL 2014
The government will monitor the implementation of Commonwealth Bank's (CBA) Open Advice Review program announced today while it works on its response to the Senate Economics Committee report. Finance Minister Mathias Cormann said that it was "appropriate ...

CBA opens up compensation review to all advice clients

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
... and the approach that we are taking today is the right response to the senate committee inquiry." The Open Advice Review program will re-evaluate the advice given to clients of Commonwealth Financial Planning (CFPL) and Financial Wisdom. The bank has ...
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