You are viewing:-
you're reading...
0.General, 1.Market Observations, advice, 8.Was Sticky

18 Dec 2015 (TheAge,SMH) – It was more than just a few rogue planners at CBA, review finds

[COMMENT: What does this news story actually mean? That some financial advisors cannot be trusted? How many are in this category? Surely not a majority?]

(18 December 2015, The Age, BusinessDay, p28, Business columnist,  View more articles from Adele Ferguson)

‘After wading through more than 68 pages of a confusing and heavily jargoned review into CBA’s financial planning business two things stand out: it was more than a few rogue planners and the regulator should consider how to call former executives to account. The review, conducted by KordaMentha on behalf of ASIC, took a year to complete, reviewed more than 8000 pages of evidence and identified 51 additional “potential at risk representatives” (a euphemism used throughout the report for potential bad apples). ‘

Read the full story at


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: