Investors Forum |
A community of New Zealand investors |
11-06-2011
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,579
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Fees charged in 'biblical' proportions
A savings scheme is charging clients more than $1000 a year in fees on savings of as little as $5000. The scheme, called Noah's Ark, is promoted by comparing it with the biblical account of the deluge.Its contract states: "In the...
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