Industry Super Australia stirred the pot yesterday with a cheeky poll finding trashing banks.
UMR did the poll, a startling fact since the survey firm has done long running and highly sensitive work for the Australian Banking Association.
The UMR findings on the banking industry are infrequently favourable and even less publicised.
So it can be no great surprise a UMR poll finding for Industry Super trashes the banks.
The UMR survey of 1000 people conducted last month found that:
- 71 per cent agreed that scandals over poor financial advice from the big banks show that the banks' boards are not working effectively;
- 65 per cent said bank-owned super funds were too focused on squeezing as much money as possible out of their customers.
UMR did not follow up on a request to speak with its CEO and the ABA PR did not want to engage on the topic.