Embattled celebrity financial adviser Sam Henderson is back in the spotlight for the wrong reasons after being charged with dishonest conduct and providing disclosure documents known to be defective.
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Fixed-income products advertised as 'term-deposit' or 'substitutes' have led some consumers to invest under false pretences, warns ASIC.
The line between telephone marketing and financial advice has been clarified after the Federal Court sided with ASIC's claim that Westpac deliberately used telephone marketing to persuade customers to consolidate their super into a BT account.
If you've ever filed a car insurance claim only to be interrogated by your insurer, take heart: ASIC has warned them to lift their game.
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.
