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Promontory’s Role as Independent Expert in Commonwealth Bank’s Open Advice Review

Promontory Financial Group Australasia was announced on 10 August 2014 as the Independent Expert to the Commonwealth Bank’s Open Advice Review program, which was made available to all customers who received financial advice from Commonwealth Financial Planning Limited or Financial Wisdom Limited from 1 September 2003 to 1 July 2012. One of Promontory’s responsibilities is to provide independent reporting on the activities of the program.

Promontory Financial Group Australasia has distributed six reports on program activities, the most recent of which was released on 30 September 2016. All of the reports are available on Commonwealth Bank’s website at: commbank.com.au/openadvice

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