CBA’s superannuation sting is ’out-and-out gouge’ says minister
The Commonwealth Bank plans to slug superannuation and pension fund members with a hefty fee to fund the cost of regulatory compliance, in a move described as an "out-and-out gouge" by Financial Services Minister Kelly O’Dwyer.
The bank this month wrote to members of its flagship superannuation fund Colonial First State, informing them they’ll be charged a "regulatory reform fee" in June 2018.
Read the full article at the Sydney Morning Herald.
Bulk of business scam losses from SMEs, stats reveal
Federal court quashes appeal of director of 18 failed companies
