Anyone else with Commsec having fun with this?
Its a damn mess.
Also, I was always under the impression that our money was safe in our Commsec accounts, at least up to $250k.
Having to read and agree to conditions to effect the changeover, I had a read for once, and find that Commsec and NetBank are NON-GUARANTEED subsidiaries of the CBA.
So my impression is that our money is not safe at all.
Funny how we dont always read the fine print.
Was going to transfer all my Commsec shares to a Westpac broking account in my disgust. Then I found a letter I hadnt properly read in which Westpac had handed over Chess sponsorship for all shares to AUSIEX, which is a CBA non guaranteed subsidiary.
Things are getting a bit incestuous......
GZ
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