CBA admits to misleading advertising for heart attack cover


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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