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AustralianSuper's 'alarming' $70m double-up on customer accounts sparks calls for wider investigation

Australia's biggest superannuation fund reveals that it has been double charging some customers, and will refund around $70 million in fees and insurance costs to about 100,000 people.

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Parking fines: Huw Merriman MP calls for end to penalties where driver's ticket slips off dashboard

Parking fines: Huw Merriman MP calls for end to penalties where driver's ticket slips off dashboard
coastfm.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coastfm.co.uk Daily Mail and Mail on Sunday newspapers.

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Transcripts for BBCNEWS World Business Report 20211130 05:48:00

sarah toms is following the story for us. this sounds extraordinary, tell us more? us more? yes, it is an extraordinary - us more? yes, it is an extraordinary story - us more? yes, it is an - extraordinary story stopping the australian regulator has hit westpac six lawsuits over its shoddy treatment of customers. among the bank s long list of wrongdoings is a claim that for a decade, the bank charged more than 7 million us dollars to over 11,000 customers forfinancial 11,000 customers for financial advice 11,000 customers forfinancial advice even though these customers had already died. in addition to that, if that wasn t bad enough, there s also the fact that the regulator is accusing the bank of double charging on insurance policies, also failing to adequately disclose fees to its customers. west pack has admitted

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