BEN 1.69% $10.25 bendigo and adelaide bank limited

And this is the flip side of the previous article. Peter Kell,...

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    And this is the flip side of the previous article.

    Peter Kell, deputy chair of ASIC says ASIC is aware of eight companies charging fees for no services: ANZ Bank, the Commonwealth, NAB, Westpac, AMP, Yellow Brick Road, First State and Bendigo Bank.

    “I think it’s clear from our experience that the firms in question prioritised fee revenue from their advice businesses over the provision of services to the clients,” he says.
 
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