Scott Francis has published an article in today's edition of Alan Kohler's Eureka Report. The article looks at the deeming accounts offered by banks to pensioners and how they are conning users. Scott concludes that "pensioners would be better off having money in a cash account than in one of the banks' deeming accounts, which are geared to minimum levels."
To read the details please click here to bring up a copy of the article saved on our website.
Regards,
Scott Keefer