UPDATE 1-Commonwealth Bank of Australia’s pension unit sued over fees
Commonwealth Bank of Australia’s pension
unit Colonial First State was sued on Thursday for allegedly
failing to act quickly enough to move members out of high-fee
default investment options to a simpler product as required by
law.
unit Colonial First State was sued on Thursday for allegedly
failing to act quickly enough to move members out of high-fee
default investment options to a simpler product as required by
law.
Posted by Reuters
