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Community Benefit Payment Update Report May 2022.pdf

community-benefit-payment-update-report-cba-ffns-ceu.pdf
Preview of Community benefit payment update report May 2022
🔗 Source: download.asic.gov.au
📊 Size: 198 KB
📄 Pages: 3 pages
⬇️ Downloads: 64

Summary

Commonwealth Bank agreed to make a $3 million Community Benefit Payment (CBP) as per the CEU given by Commonwealth Financial Planning Limited and BW Financial Advice Limited. The CBP was distributed among eight recipients: Financial Counselling Foundation ($1,200,000), Indigenous Consumer Assistance Network ($400,000), COTA ($175,000), National Seniors Australia ($175,000), Seniors Rights Service ($175,000), Dementia Australia ($175,000), Settlement Services International ($300,000), and The Ethics Centre ($400,000). The funds were used for various initiatives, including financial counselling, literacy education, and support services, aiming to promote confident and informed participation of investors and consumers in the financial system. Many projects were delayed due to the COVID-19 pandemic.

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Description

Commonwealth Bank agreed to make a $3 million Community Benefit Payment (CBP) as per the CEU given by Commonwealth Financial Planning Limited and BW Financial...

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  • File Format: PDF
  • File Size: 198 KB
  • Pages: 3
  • Language: EN
  • Total Downloads: 64
  • Last Updated: 3 weeks ago

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