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Example Interest Rates: Home Loan Variable: 2.54% (2.74%*) • Home Loan Fixed: 3.74% (3.48%*) • Fixed: 2.48% (2.94%*) • Variable: 2.54% (2.74%*) • Investment IO: 2.3% (3.76%*) • Investment PI: 2.04% (3.8%*)

5.2 – NAB’s former Head of Superannuation & Investment Platforms testifies at the Royal Commission

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Paul Carter, former Executive General Manager of Superannuation & Investment Platforms at National Australia Bank, is being questioned over NAB and its subsidiary MLC labelling some fees as commissions to avoid refunding customers for services they did not receive.

Recorded on 6 and 7 August 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne.

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