ASIC takes on NAB for fee-for-no service breachesBY KARREN VERGARA | FRIDAY, 18 JUN 2021 12:35PMThe corporate regulator is fighting tooth and nail to make National Australia Bank pay a hefty penalty for charging customers fees in return for no service. Related News |
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Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
Which advisers will pay for through their ASIC fees and, if any penalty is paid, will be sent to directly to consolidated revenue with no offset for the legal costs. I wonder why adviser ASIC fees are so high?