Think Twice Before Getting Financial Advice From Your Bank

This startling figure comes from a recent review of the financial advice offered from the big four banks by the Australian Securities and Investment Commission (ASIC). Even more startling: 10{6a6f606e37cd9d9ea72282daca64070620822df4bee8779b5efb00ecd3f9b257} of advice was found to leave investors in an even worse financial position. Through a “vertically integrated business model”, Commonwealth […]