Markets

Banks are changing their code of practice to ensure the dead aren’t charged fees

Banks announced changes to their code of practice, outlawing charging fees for no service. The banks will also seek legislation to end grandfathered payments and trailing commissions for financial advisers. The industry’s Banking Code of Practice was completely rewritten only in July this year. Australia’s banks are making further changes […]
Banks are changing their code of practice to ensure the dead aren’t charged fees