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".
Firms using telemarketers to spruik super switches could lose licences
AB
ABC News AU - NationalBy Nassim KhademEXECUTIVE 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".
Key Takeaways
- 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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Published originally on ABC News AU - National
