CBA admits to misleading advertising for heart attack cover

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The Commonwealth Bank’s insurance arm has for the first time admitted to publishing misleading advertising that would have left customers thinking they were covered for heart attacks, when…

  • Clancy Yeates
  • The Age

The royal commission into financial misconduct also heard the bank convinced the corporate watchdog to soften its language in a media release about the ads to remove an admission of wrongdoing.

Trup 3cIts penalty for the misleading ads was a fraction of the maximum fine it could have…

Senior counsel assisting the commission, Rowena Orr QC, on Thursday morning continued to…

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