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".

First reported by ABC Australia 48 min ago1 source

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ABC Australia19:0148 min ago
Firms using telemarketers to spruik super switches could lose licences (opens ABC Australia in a new tab)
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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