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Firms using telemarketers to spruik super switches could lose licences

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Image from ABC News (Australia)

Summary

Unqualified and unlicensed telemarketers are targeting Australians to switch their superannuation savings into riskier schemes. This has prompted the corporate regulator to threaten the licences of financial advice firms that use these "lead generators".

Description from ABC News (Australia).

Who is covering this

  1. ABC News (Australia) Center Factuality: Very high AU
    Firms using telemarketers to spruik super switches could lose licences

    Unqualified and unlicensed telemarketers are targeting Australians to switch their superannuation savings into riskier schemes. This has prompted the corporate regulator to threaten the licences of financial advice firms that use these "lead generators".

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