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AustralianSuper's 'alarming' $70m double-up on customer accounts sparks calls for wider investigation - Vimarsana News

AustralianSuper's 'alarming' $70m double-up on customer accounts sparks calls for wider investigation

Australia's biggest superannuation fund reveals that it has been double charging some customers, and will refund around $70 million in fees and insurance costs to about 100,000 people.

Source: abc.net.au
BBCNEWS World Business Report November 30, 2021 05:48:00 - Vimarsana News

BBCNEWS World Business Report November 30, 2021 05:48:00

Sarah toms is following the story for us. this sounds extraordinary, tell us more?— us more? yes, it is an extraordinary - us more? yes, it is an extraordinary story - us more? yes, it is an - extraordinary story stopping the australian regulator has hit westpac six lawsuits over its shoddy treatment of customers. among the bank's long list of wrongdoings is a claim that for a decade, the bank charged more than 7 million us dollars to over 11,000 customers forfinancial 11,000 customers for financial advice 11,000 customers forfinancial advice even though these customers had already died. in ...