How Manhood Health is Affected by Vitamin B5

by

John DuganIt’s no surprise that maintaining manhood health is a goal for so many men. After all, whether concerned with urinary function or sensual activity, a healthy manhood is crucial for a man. There are numerous steps a man can take to help insure better manhood health, and one of those steps involves getting sufficient vitamin B5.

What is it?

Also called pantothenic acid, vitamin B5 is one of the 8 B vitamins that make up what is commonly called the B complex vitamins. (Surprisingly, those 8 vitamins are not B1 through B8; they are B1, B2, B3, B5, B6, B7, B9 and B12.) All of these B-variants are used in the conversion of food into energy, but each also has its own particular functions. For example, B2 (also called riboflavin) is an antioxidant that helps protect against free radicals.

Vitamin B5’s other name, pantothenic acid, is a clue to where it can be obtained. Panto comes from a Greek word meaning from everywhere, and that’s appropriate because vitamin B5 is found in a wide range of foods albeit often in very small amounts. Also, vitamin B5 is best obtained from non-processed foods. When a food that is rich in B5 is processed, most of the B5 is diminished.

[youtube]http://www.youtube.com/watch?v=DgYQFJ1YA3Y[/youtube]

Although it is rare for an individual to experience a clinically significant form of vitamin B5 deficiency, many people still need to get more B5 on a regular basis.

Manhood health benefits

So what are some of the manhood-specific benefits that vitamin B5 bestows on a man? Well, for one thing it helps to make the manhood look much healthier. Pantothenic acid is proven to be effective in promoting skin health and care. This essential vitamin helps to moisturize the skin; a manhood that sports dry, cracked male organ skin is not a manhood that is attractive to potential mates. Some scientists believe that B5 actually pulls moisture from the air into the skin, which is not the case with most hydrators.

In addition, many dermatologists recommend B5 as part of acne-fighting treatments, which is good news for those times when a pimple shows up unexpectedly on the manhood. Part of its effectiveness in this area stems from an ability to regulate the production of oil from glands.

Androgen

But B5 has value to the manhood beyond its effect on manhood skin. All men are aware of the key role that androgen plays in a man’s life. It has a significant impact on a guy’s sensuality and male function. And androgen production can be seriously affected by vitamin B5 levels.

And more

But B5 also is important to male organ function in other ways. For example, it helps to build stamina, and greater stamina is necessary for longer bouts of sensual activity. By the same token, it helps to reduce stress, and lower stress levels are associated with more satisfactory romantic activity for most men.

Healthy blood also contributes to male function, and B5 is part of the process by which red blood cells are created. It also helps reduce cholesterol and fight high blood pressure, benefits which also affect male organ functioning.

While vitamin B5 is clearly important for manhood health, it’s important to make sure that men don’t rely upon diet alone for enough pantothenic acid. Applying a vitamin B5-rich manhood health crme (health professionals recommend Man1 Man Oil) topically helps to deliver the benefits directly to the manhood itself. Those benefits have been spelled out above; but using a crme that also contains vitamins A, C and E increases the level of that benefit. Studies have shown that vitamin B5 is even more effective when applied in tandem with these vitamins and also with a potent antioxidant like alpha lipoic acid. The proper manhood health crme can be a boon for delivering B5 in the most effective way possible.

Visit http://www.menshealthfirst.com for additional information on most common manhood health issues, tips on improving manhood sensitivity and what to do to maintain a healthy manhood. John Dugan is a professional writer who specializes in men’s health issues and is an ongoing contributing writer to numerous websites.

Article Source:

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Contents

  • 1 Wikinews News Brief January 04, 2008 23:35 UTC
    • 1.1 Introduction
    • 1.2 Israeli troops kill 9 in Gaza
    • 1.3 Georgian President faces election challenge
    • 1.4 US unemployment hits two-year high
    • 1.5 Israel plans crackdown on West Bank settlement outposts
    • 1.6 Transaven Airlines plane carrying 14 people crashes off Venezuelan coast
    • 1.7 Sportswriter Milt Dunnell dies at 102
    • 1.8 2007 was particularly good year for aviation safety
    • 1.9 U.S. Senator Dodd bows out of presidential race
    • 1.10 Intel ends partnership with One Laptop Per Child program
    • 1.11 British Investigators arrive in Pakistan to join Bhutto investigation
    • 1.12 Disgorge bassist Ben Marlin dies from cancer
    • 1.13 Egypt lets 2000 pilgrims through Rafah
    • 1.14 Launch of Space Shuttle Atlantis once again delayed
    • 1.15 Study suggests hospitals are not the best place for cardiac arrest treatment
    • 1.16 US dollar no longer accepted at Taj Mahal and other Indian historical sites
    • 1.17 Footer

[edit]

Friday, March 3, 2006

The possibility of large-scale protests in the face of the 3,000 journalists covering the Melbourne 2006 Commonwealth Games, has event organisers and the Government worried.

The group “Black GST” – which represents Indigenous Genocide, Sovereignty and Treaty – are planning demonstrations at prominent Games events unless the Government agrees to a range of demands including an end to Aboriginal genocide, Aboriginal Sovereignty and the signing of a treaty.

The Black GST say they hope the focus of the world’s media will draw attention to the plight of indigenous Australians during the Games. Organisers say supporters are converging from across Australia and from overseas. Organisers say up to 20,000 people may take part in talks, rallies, colourful protests and many cultural festivities designed to pressure the Federal Government on Indigeneous rights issues. They want the Government to provide a temporary campsite for the supporters, saying “organised chaos was better than disorganised chaos.”

The 2006 Stolenwealth Games convergence, described by organisers as the “cultural festival of the 2006 Commonwealth Games,” was virtually opened on March 2nd with the launch of the official “Stolenwealth Games” website. Scoop Independent News and Perth Indymedia reported that the launch was held at Federation Square in Melbourne. The site contents were projected via wireless laptop by the Stolenwealth Games General Manager, and a tour of the website was given on the big screen. He said “overwhelming amusement was the response from the audience.” The group say permanent access points to the website are being set up at public internet facilities across Victoria during the coming weeks.

“Interest in the Stolenwealth Games is building all over the world and this fresh, exciting and contemporary site will draw in people from Stolenwealth Nations around the globe to find out about the latest news and events,” said a Stolenwealth Games spokesperson. “We have been getting many requests from around the world wanting to know about the Stolenwealth Games. We have provided many ways that individuals and organisations can support the campaign by spreading the word.”

The Victorian Traditional Owner Land Justice Group (VTOLJG) which represents the first nation groups of Victoria, has announced its support to boycott the 2006 Commonwealth Games until the Government “recognises Traditional Owner rights.” The group asserts that culture has been misappropriated in preparation for the Games.

Organisers of the campaign say they welcome the formal support from the Traditional Owners. “While some seek to divide and discredit Indigenous Australia, this support is further evidence that the Aboriginal people are united in opposition to the ongoing criminal genocide that is being perpetrated against the Aboriginal people” said Black GST supporter and Aboriginal Elder, Robbie Thorpe.

“We now have endorsement from the VTOLJG and the Aboriginal Tent Embassy for the aims and objectives of the Campaign and we are looking forward to hosting all indigenous and non-indigenous supporters from across Australia in March,” he said. The Black GST group have said “the convergence will be held as a peaceful, family-focussed demonstration against genocide, and for the restoration of sovereignty and the negotiations towards a Treaty.”

But the campaign has received flak in mainstream media, such as Melbourne’s Herald Sun, who wrote: “the proposal to allow BlackGST to set up an Aboriginal tent embassy at a site well away from the Commonwealth Games will be interpreted by some as the State Government caving in to a radical protest group. A major concern for the Government… is to protect the event from disruption… no chances should be taken…”

The Black GST has been planning the convergence for months, calling for Aboriginal people and their supporters to converge on Melbourne. The Melbourne-based Indigenous rights group have called on thousands of people concerned about the plight of indigenous Australians to converge on Melbourne during the Games, which they have dubbed “the Stolenwealth Games”. But the choice of Kings Domain has made conflict almost inevitable, as the area is one of the areas gazetted by the State Government as a “Games management zone”.

Under the Commonwealth Games Arrangements Act, any area gazetted as a management zone is subject to a range of specific laws – including bans on protesting, creating a disturbance and other activities. The protest bans will be in effect at different times and places, and offenders can be arrested. A spokeswoman for the Black GST, which advocates peaceful protest, said the site had been chosen because it was close to where the Queen will stay on March 15. “We figured that she is only in Melbourne for 27 hours or something like that so we thought we would make it easy for her to come next door and see us,” she said. “We are a very open, welcoming group, so she will be welcome to come and join us.”

Kings Domain is the burial site for 38 indigenous forefathers of Victoria. Black GST elder, Targan, said trade union groups have offered to install infrastructure at the site. The group initially worked with the State Government to find a suitable camp site, but the relationship broke down when the Government failed to meet a deadline imposed by the protesters. “While we are disappointed the ministers were not able to meet deadline on our request, we thank them for their constructive approach towards negotiations and the open-door policy exercised,” said Targan.

A spokesman for Games Minister Justin Madden said the Government was still investigating other sites. Victoria Police Games security commander Brendan Bannan said he was not convinced the Black GST represented the views of most indigenous people. “We are dealing with the Aboriginal community and they don’t seem to support it at all … the wider Aboriginal community don’t support disruption to the Games at all,” he said.

The Government was told that Black GST supporters would camp in Fitzroy Gardens and other city parks should it fail to nominate a site. A spokesman for Aboriginal Affairs Minister Gavan Jennings said the Government was taking the issue seriously, but had not been able to finalise a campsite before the deadline.

Under special Games laws, people protesting or causing a disturbance in “Games management zones” can be arrested and fined. While prominent public spaces such as Federation Square, Birrarung Marr, Albert Park and the Alexandra Gardens fall under the legislation, such tough anti-protest laws cannot be enforced in the nearby Fitzroy Gardens.

Games chairman Ron Walker has urged the group to choose another date for its protest march through the city, which is currently planned to coincide with the opening ceremony on March 15. The group believes that an opportunity to gain attention for indigenous issues was lost at the Sydney Olympics and has vowed to make a highly visible presence at the Games.

The Black GST said the Australian Aboriginal Tent Embassy’s sacred flame, burning over many years at the Canberra site will be carried to Melbourne before the Games, and its arrival would mark the opening of the protest camp from where a march will proceed to the MCG before the Opening Ceremony.

Black GST claims supporters from all over Australia, including three busloads from the West Australian Land Council, will gather in Melbourne during the Games for peaceful protests.

Aboriginal Affairs Minister Gavin Jennings had offered Victoria Park to the protesters. Victoria Park, former home of Collingwood Football Club, where one of the strongest statements of Aboriginal pride, when St Kilda star Nicky Winmar in 1993 raised his jumper and pointed to his bare chest after racial taunts from the Collingwood crowd.

Black GST, which has labelled the Games the Stolenwealth Games, said the State Government had failed to find a suitable venue. Black GST may encourage protesters to camp in prominent parks such as Fitzroy Gardens and Treasury Gardens. Graffiti supporting the action has also appeared in central Melbourne.

Melbourne City councillor Fraser Brindley has offered his home to the Black GST organisers. “I offered my home up to people who are organising visitors to come to the Games,” he said. Cr Brindley will be overseas when the Commonwealth Games are held and has offered the free accommodation at his flat at Parkville. He said he agreed with the protesters’ view that treaties needed to be signed with indigenous Australians. “I’m offering it up to the indigenous people who are coming to remind Her Majesty that her Empire took this land from them,” said Cr Brindlley. Nationals leader Peter Ryan said: “This extremist group has no part in the Australian community.” Melbourne councillor Peter Clarke said the actions were embarrassing and that he would try to discourage him. “It’s not in the spirit of the Games,” he said.

Aboriginal elder, Targan, said the possibility of securing Victoria Park was delightfully ironic. “There’s a lot of irony going on,” Targan, 53, a PhD student at Melbourne University, said. “GST stands for Genocide, Sovereignty and Treaty. We want the genocide of our people to stop; we want some sovereignty over traditional land, certainly how it is used, and we want a treaty with the government,” Targan said.

Monday, July 17, 2006

South-east China has been flooded by torrential rainstorms as the Severe Tropical Storm Bilis came ashore on Friday, July 14. The total death toll stands at 178 people but many people are missing, and the figure might rise.

Floods, 10 meters high in some areas washed away 19,100 houses, damaged roads, power lines, and devastated villages and agriculture. Three million people were affected by the tropical storm which Xinhua, the state news agency, estimated would cost three billion yuan ($375 million) damage.

The worse-hit provinces were Fujian, Hunan and Guangdong while their were deaths and an economic impact in Zhejian, Jiangxi and Guangxi provinces.

At least 92 died in Hunan where dam reservoirs rose to their limits. The water swell in Leiyang rose 10 metres above the levels from Friday.

40,000 people in the cities of Hengyang and Chenzhou were reported stranded. 14 coal miners died when a dam burst, ravaging the land and flooding their pit at Shenjiawan Colliery.

The floods in Hunan also took out the Beijing-Guangzhou railway leaving 5,000 stranded in the capital, Changsha. 10,000 workers were sent to repair the damaged sections of line.

An estimated 33 people died in Guangdong, an important economic area near Hong Kong. Lechang was submerged under three metres of water and 1663 prisoners had to be moved from the city.

In Fujian province 43 people are reported dead. Deadly mudslides killed 10 in the city of Zhangzhou and another 10 are missing from a second mudslide.

Tuesday, November 20, 2007

Last night HBO premiered I Am An Animal: The Story of Ingrid Newkirk and PETA. Since its inception, People for the Ethical Treatment of Animals (PETA) has made headlines and raised eyebrows. They are almost single-handedly responsible for the movement against animal testing and their efforts have raised the suffering animals experience in a broad spectrum of consumer goods production and food processing into a cause célèbre.

PETA first made headlines in the Silver Spring monkeys case, when Alex Pacheco, then a student at George Washington University, volunteered at a lab run by Edward Taub, who was testing neuroplasticity on live monkeys. Taub had cut sensory ganglia that supplied nerves to the monkeys’ fingers, hands, arms, legs; with some of the monkeys, he had severed the entire spinal column. He then tried to force the monkeys to use their limbs by exposing them to persistent electric shock, prolonged physical restraint of an intact arm or leg, and by withholding food. With footage obtained by Pacheco, Taub was convicted of six counts of animal cruelty—largely as a result of the monkeys’ reported living conditions—making them “the most famous lab animals in history,” according to psychiatrist Norman Doidge. Taub’s conviction was later overturned on appeal and the monkeys were eventually euthanized.

PETA was born.

In the subsequent decades they ran the Stop Huntingdon Animal Cruelty against Europe’s largest animal-testing facility (footage showed staff punching beagle puppies in the face, shouting at them, and simulating sex acts while taking blood samples); against Covance, the United State’s largest importer of primates for laboratory research (evidence was found that they were dissecting monkeys at its Vienna, Virginia laboratory while the animals were still alive); against General Motors for using live animals in crash tests; against L’Oreal for testing cosmetics on animals; against the use of fur for fashion and fur farms; against Smithfield Foods for torturing Butterball turkeys; and against fast food chains, most recently against KFC through the launch of their website kentuckyfriedcruelty.com.

They have launched campaigns and engaged in stunts that are designed for media attention. In 1996, PETA activists famously threw a dead raccoon onto the table of Anna Wintour, the fur supporting editor-in-chief of Vogue, while she was dining at the Four Seasons in New York, and left bloody paw prints and the words “Fur Hag” on the steps of her home. They ran a campaign entitled Holocaust on your Plate that consisted of eight 60-square-foot panels, each juxtaposing images of the Holocaust with images of factory farming. Photographs of concentration camp inmates in wooden bunks were shown next to photographs of caged chickens, and piled bodies of Holocaust victims next to a pile of pig carcasses. In 2003 in Jerusalem, after a donkey was loaded with explosives and blown up in a terrorist attack, Newkirk sent a letter to then-PLO leader Yasser Arafat to keep animals out of the conflict. As the film shows, they also took over Jean-Paul Gaultier‘s Paris boutique and smeared blood on the windows to protest his use of fur in his clothing.

The group’s tactics have been criticized. Co-founder Pacheco, who is no longer with PETA, called them “stupid human tricks.” Some feminists criticize their campaigns featuring the Lettuce Ladies and “I’d Rather Go Naked Than Wear Fur” ads as objectifying women. Of their Holocaust on a Plate campaign, Anti-Defamation League Chairman Abraham Foxman said “The effort by PETA to compare the deliberate systematic murder of millions of Jews to the issue of animal rights is abhorrent.” (Newkirk later issued an apology for any hurt it caused). Perhaps most controversial amongst politicians, the public and even other animal rights organizations is PETA’s refusal to condemn the actions of the Animal Liberation Front, which in January 2005 was named as a terrorist threat by the United States Department of Homeland Security.

David Shankbone attended the pre-release screening of I Am An Animal at HBO’s offices in New York City on November 12, and the following day he sat down with Ingrid Newkirk to discuss her perspectives on PETA, animal rights, her responses to criticism lodged against her and to discuss her on-going life’s work to raise human awareness of animal suffering. Below is her interview.

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Contents

  • 1 The HBO film about her life
  • 2 PETA, animal rights groups and the Animal Liberation Front
  • 3 Newkirk on humans and other animals
  • 4 Religion and animals
  • 5 Fashion and animals
  • 6 Newkirk on the worst corporate animal abusers
  • 7 Animal Enterprise Terrorism Act
  • 8 Ingrid Newkirk on Ingrid Newkirk
  • 9 External links
  • 10 Sources
Jul
5

Australia/2005

Uncategorized

Contents

  • 1 January
  • 2 February
  • 3 March
  • 4 April
  • 5 May
  • 6 June
  • 7 July
  • 8 August
  • 9 September
  • 10 October
  • 11 November
  • 12 December

[edit]

Saturday, February 4, 2006

On Friday the 3rd, the Portuguese Air Force started to operate eight EH101 Merlin helicopters, replacing the old French made Puma helicopters; which have had more than 30 years of service, first used during the Portuguese Colonial War.

After the war, the Puma were used in missions of search and rescue,transport of patients and evacuation missions, and also assisted the USAF in recovery of NASA‘s Space Shuttles.

Twelve Merlin have been purchased; in three different models: six SAR (for use with Search & Rescue), four in CSAR (for deployment of troops to zones out of the country) and two in SIFICAP (for Fisheries Control).

The Merlin is capable of carrying more than 3 tons, its maximum speed is 309 km/h and it has a range of 1390 km. The Merlin is the helicopter used for the transportation of the president of the United States George W. Bush and other VIP’s.

Four Puma operating in the Azores and in Madeira will continue in service, for the next few months, until the last four Merlin CSAR helicopters are delivered. The air force is currently considering using these four onboard a future logistic support ship. (LPD)

A ceremony was held at the Air Base of Montijo, attending was Portuguese minister of National Defence, Luís Amado. He said during the ceremony that the old Puma might be converted for civilian protection missions, such as fire fighting.

“The Government will decide the future of the Puma helicopters on the board of appreciation that is being done with other sectors of the Government, namely the Ministry of Internal Administration, in the possibility of the Puma being adapted for other missions, for example on the scope of the civilian protection”.

The Merlin, was purchased in 2001 by the Government of António Guterres. The two first helicopters arrived in February 11 of last year, being held in February 24 an official ceremony in the Montijo Air Base, attending both the president of the Portuguese Republic, Jorge Sampaio, and the then minister of National Defense, Paulo Portas.

They have cost the Portuguese Government 446 million, (approximately US$536 million). This deal has given €60 million in counterparts, relatively in orders of production in the workshops of OGMA. It’s expected that this sum will grow to almost a total of €315 million.

Submitted by: Penny Lane

Most everyone these days are looking for ways to cut back on expenses. Fuel prices seem to be going through the roof, and cars and other vehicles is costing more and more, or so it seems. For those who are looking for an alternative way to travel from A to B, there are two-wheeled vehicles which seem to be fitting the bill. When looking for insurance for motor scooters, adding it on to existing car cover may be a better option. Scooter insurance is not very expensive but it could be made more economical by making the existing cover take it into account.

There are savings to be had in most covers, whether this is for a cycle or car, if the vehicle is kept in a safe place at night. Keeping the cycle locked away when not in use means that it is less likely to be stolen. The company then will be taking less of a risk so they can offer better premiums.

[youtube]http://www.youtube.com/watch?v=dpIQI-YtMsA[/youtube]

Those who do not claim anything from the company for several years will also attract a no claims bonus which could result in a hefty cut in premiums. People tend to guard this discount since just one claim could see the policy holder paying excessive amounts for cover over the next few years. Indeed, if the damage to the vehicle is small, some policy holders would rather pay for this amount for themselves instead of claiming for it. This makes sense in the long run since they will eventually get that money back in paying less to the company.

Those who are intent on getting one of these handy little machines should note that not all cycles are created equal. Imported models can come from far-flung places like China and these may not be the best quality. Make sure that they adhere to regulations in the destination country since some machines are not meant to be on the road. Rather, they are off-road entertainment vehicles only so would be totally unsuitable for cover by most companies who offer cover of this sort. This will all be checked so do not think that companies are not aware of machines and where they come from. Lies on application forms will render that cover null and void anyway so this is surely not the right way to build up a good relationship.

A word of warning here too; most companies which deal in this kind of product will have a unified database where all claims are registered. Merely swapping one company for another will not leave the history of that person behind. The company will be able to find any fraudulent claims and will sometimes refuse to give cover notes to those who are less than honest. Without adequate cover, the driver or rider is surely laying themselves open to civil suits which could see them being dragged to the courts and paying out vast sums of money to those who may be injured by them. Not a good scenario for sure!

About the Author: Penny Lane is researching

scooter insurance

for her mother. She has found that

insurance for motor scooters

is quite affordable.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=721408&ca=Business

Tuesday, September 28, 2010

A man wearing a ski mask and carrying an assault rifle apparently killed himself in the library of the University of Texas in Austin, Texas earlier today.

The university was placed under lockdown and all classes were canceled as a result of the incident. Nobody else was hurt, but police are still looking for a possible second gunman. Art Acevedo, the chief of Austin police, said that officials are also considering the possibility of explosives left by the suspect. Armored vehicles were seen moving around the campus in response to the event, as well as {{w|SWAT team|SWAT teams}, bomb-sniffing dogs, and police helicopters. An ambulance was seen around 9:00 a.m. CDT (1400 UTC) at the University of Texas’ Perry-Castaneda library.

The school’s website included a notice this morning, which read: “The person involved in this morning’s shooting on campus has been confirmed dead on the sixth floor of the Perry-Castaneda Library from an apparent self-inflicted gunshot wound. Law enforcement are searching for a second suspect. If you are off campus, STAY AWAY. If you are on campus, lock doors, do not leave your building.” The gunman was reportedly killed by a self-inflicted gunshot wound, and no shots had been fired by law enforcement officials.

The shooter has not yet been identified, and the reason behind the incident is not yet known. Witnesses described the man as wearing a dark suit and ski mask, and carrying an assault rifle. Randall Wilhite, a professor at the university, said that he heard gunshots while going to class and saw the suspect heading toward the library just after 8:00 a.m. CDT (1300 UTC). The gunman appeared to be firing shots randomly. “When I pulled up in my car, he stood right in front of me and didn’t stop running but turned in my direction, fired three shots into the ground to the left of my car and kept running,” said Wilhite. The gunman had the chance to shoot students, added Wilhite, but he did not appear to be targeting them.

The school, which has around 50,000 students, sent out an alert around that time warning students to stay where they were. Robby Reeb, a senior at the school, said that “a guy sprinted past me screaming, ‘There’s a guy with a gun.’ I looked up and saw a man in a ski mask, wearing a suit, and carrying an assault rifle. And I called 911.”

Police said that the gun used in the shooting was an AK-47, and that they were examining two different crime scenes: where the shots were fired outside, and where the gunman was found dead in the library. Police would not say whether he was attending the university. Chief Acevado said that there were “reports of a second suspect that was wearing a beanie with a long rifle, wearing blue jeans and a black top” that “may or may not be a white male.”

Several hours after the lockdown began, police allowed students to leave the university’s campus, although nobody is still allowed to enter.

The school was also the site of a shooting spree on August 1, 1966, in which university student Charles Whitman fatally shot fourteen to sixteen people and wounded another 32 before being himself killed by law enforcement authorities; reports of the exact death toll are inconsistent. Whitman, a former U.S. Marine, shot students from the observation platform of the school’s tower. That event was the deadliest school shooting in the United States until the 2007 Virginia Tech massacre.

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.