This is expected to reduce 2H19 cash earnings by an estimated $1.12 billion after tax and earnings from discontinued operations by an estimated $57 million after tax.
Customer-Related Remediation The 2H19 result will include charges of $832 million after tax for additional customer-related remediation.
The key driver of these additional charges is inclusion of a provision for potential customer refunds of adviser service fees paid to self-employed advisers.