Kiwi banks told: Prove you're not dodgy, too123RF Australia is conducting a Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. "I don't think financial advice should be able to be given by anyone affiliated with a product provider. CBA/ASBThe commission heard CBA's financial advisers had charged dead clients for financial advice, in one case for more than a decade. NAB/BNZThe Royal Commission heard on Tuesday that the bank faced allegations of "false witnessing" documents. "There are a number of effective mechanisms for New Zealand customers to raise any issues they have with their bank.

Source: Stuff April 24, 2018 05:05 UTC