Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
ASIC is probing 44 firms over aggressive superannuation switch tactics following provider collapses.
ASIC is reviewing 44 groups linked to lead generators promoting superannuation switches, following the collapse of major providers First Guardian and Shield.
The review targets firms using aggressive or misleading tactics to encourage consumers to move super into less-regulated funds, raising concerns about consumer harm and compliance with financial laws.
ASIC has published a non-exhaustive list of involved entities, including lead generators and advice licensees, without implying wrongdoing.
The probe focuses on practices since July 2024, including cold-calling and high-pressure sales, and aims to ensure advice is in consumers’ best interests.
Consumers are urged to be cautious of unsolicited offers and to consult Moneysmart for guidance.
ASIC está investigando 44 firmas por tácticas agresivas de cambio de jubilación después del colapso del proveedor.