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Sedgwick review into retail bank commissions released subscribe A A A review of retail banking product commissions and payments has found that links between remuneration and sales are now rare and industry policies have improved. These and other findings are contained in the Retail Banking Remuneration Review Final Report by former Australian Public Service commissioner Stephen Sedgwick, who compiled the report after being commissioned by the Australia Banking Commission (ABA). In 2016, the ABA commissioned Mr Sedgwick to undertake a large-scale review of remuneration practices for retail banking frontline staff, including product sales commissions and product-based payments in retail banking in Australia.

Kenneth hayneMalavika santhebennurStephen sedgwickJosh frydenbergAnna blighAustralian public serviceFinancial services industryAustralia banking commissionBusiness accelerator programCouncil of financialRoyal commissionConsumer commissionRetail banking remuneration review final reportFederal treasurer josh frydenbergFinancial regulatorsAustralian competition