Mayfair 101 investors whose life savings were frozen amid ASIC proceedings cannot lodge their objections with the Australian Financial Complaints Authority.
First they were ripped off by banks and insurers. Now Aussies entitled to refunds are being targeted by companies promising to get them a refund - for a fee.
Several superannuation funds were pinged for wrongly classifying more than 156,000 new members as smokers. Yet not all super funds have offered compensation.
Thousands more customers ripped off by banks, insurers, financial planners and super funds will be able to claw back money now that AFCA has broadened its scope.
With a super fund that is charging the same amount in fees as they contribute each year, Lyn and her husband are worried they can never afford to retire.
What we thought was the housing affordability budget, and then the health budget, and then the education budget, turned out to be an all-round budget focused on lowering the high cost of living. We break down the winners and losers.
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