A composite image of signage of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank (CBA) National Australia Bank (NAB) , (AAP Image/Joel Carrett) Source: AAP
The majority of people seeking financial advice from Australia's biggest banks are being pushed into home-brand products, even when they're not in their best interest. Just weeks out from a royal commission into the banks, corporate watchdog ASIC claims the widespread practice is leaving many customers significantly worse off.
The majority of people seeking financial advice from Australia's biggest banks are being pushed into home-brand products, even when they're not in their best interest. Just weeks out from a royal commission into the banks, corporate watchdog ASIC claims the widespread practice is leaving many customers significantly worse off.