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ASIC asks CBA to change advertised rates

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Australian Broker | 13 Jan 2012, 12:00 AM Agree 0
Commonwealth Bank has agreed to change its advertised comparison rate for the Wealth Package home loan after ASIC raised concerns that the comparison rate did not include the loan's $350 annual fee.
  • ozboy | 16 Jan 2012, 10:10 AM Agree 0
    Wow ASIC got into CBA's wealth creation arm and now this, is anybody at CBA actually paying any attention to the framework they should be operating within?
  • Ashie | 16 Jan 2012, 11:56 PM Agree 0
    You are KIDDING me?? The CBA breached one of the simplest rules to comply with and all they got was a "don't do it again"??? And they say that the rules are not stacked against the little guys...
  • Kaylan | 27 Jan 2012, 11:33 AM Agree 0
    Hey, good to find someone who argees with me. GMTA.
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