20 results tagged "asic":
amp financial planning royal commission into banks banking financial advice

AMP sued for charging more than 2000 dead clients

ASIC has taken Federal Court action against AMP for allegedly charging more than 2000 deceased clients insurance premiums and financial advice fees after being notified of their death. The action relates to five companies that are or were subsidiaries ... More
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bond scams

Beware of bogus bond funds, ASIC warns Aussies

Bond investment scams are on the rise, warns the Australian Securities and Investment Commission (ASIC). Scammers call up unsuspecting investors offering high-yield bonds. ASIC has been aware of two outfits running the scams here in Australia and two ... More
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