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Watchdog warns over high-risk super switching calls

A regulatory review has raised concerns that lead-generation practices may push customers towards high-risk changes to their superannuation.

Written by AI from 2 sources

Photo: The Sydney Morning Herald
  • The regulator has put firms on notice after finding some used unlicensed marketers to persuade customers to switch or review their super. The Sydney Morning Herald

  • A review found multiple examples of questionable practices in generating leads for superannuation services. The West Australian

  • The practices could lead to high-risk switches between superannuation funds, The West Australian reported. The West Australian