ASIC warns firms over unqualified super salespeople
The corporate regulator has threatened the licences of advice firms using telemarketers to attract customers. A review found unqualified marketers influencing decisions about retirement savings.
ASIC has threatened the licences of financial advice firms using unqualified and unlicensed telemarketers to encourage Australians to switch superannuation savings into riskier schemes. ABC News
A watchdog review found unqualified marketers doing work that should be handled by financial advisers and helping shape decisions about Australians’ retirement savings. The West Australian