Another big blow to the customers trust in big banks

Signage of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank (CBA) and the National Australia Bank (NAB) Source: AAP Image/Joel Carrett

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...

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