ANZ’s all-eggs-in-one-basket advice was for 'sophisticated' investors
ANZ boss David Hisco's comments show advice exposed by NBR yesterday wasn't an isolated incident.
ANZ Bank chief executive David Hisco says advice from the bank provided to a customer with a $540,000 nest egg, which recommended most of all of that money be invested in ANZ products, was a product for “sophisticated” investors.
He describes that advice, revealed by NBR yesterday, as ANZ’s
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Jenny Ruth
Wed, 02 May 2018
Wed, 02 May 2018
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ANZ’s all-eggs-in-one-basket advice was for 'sophisticated' investors
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