WebAug 12, 2024 · Commonwealth Bank of Australia (CBA) increased costs related to remediation to aligned advice by $273 million during the 2024/21 financial year. In a … WebMay 13, 2024 · Commonwealth Bank of Australia's surprise $714 million in new customer compensation costs ... Of this, $75 million, or 15 per cent, represents remediation …
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WebThe letter introduced the Commonwealth Bank Open Advice Review program, explained customers’ eligibility to participate in the program, and invited customers with concerns to contact them to find out more details. … iowa city friday fish fry
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WebJun 30, 2024 · Six of Australia's largest banking and financial services institutions have paid or offered a total of $1.86 billion in compensation, as at 30 June 2024, to customers who suffered loss or detriment because of fees for no service misconduct or non-compliant advice. This includes $620.9 million paid or offered by the institutions between 1 ... WebThe Commonwealth Bank has revealed further details of its advice remediation program, as it seeks to refund customers of its aligned dealer groups reaching as far back as … WebAug 14, 2024 · Phone CBA Media - 0291186919. In the course of reviewing our products and processes and where we see issues, we report to our regulators and fix these for our customers. In addition to updates on a number of customer review and remediation programs in the Annual Report 2024 released today, we are providing an additional … ookas air fryer review