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Australian bank charged dead clients for financial advice
short by Manaya Bagga / on Thursday, 19 April, 2018
Australia's Commonwealth Bank has told a government inquiry panel that some of its financial advisers kept charging clients even after they died. In one case, an adviser knew his client had died in 2004 but was still charging almost $780 a year in fees till December 2015. The bank also revealed examples of charging customers for services they never received.
read more at IB Times