asic
114 results tagged asic:
CommSec admits to overcharging customers $4.3 million in fees
ASIC is taking CommSec to court for overcharging customers on 120,933 occasions totalling $4,352,194 between August 2010 and February 2020.
CBA overcharged customers $2.2 million in interest
CBA charged customers a higher rate of interest than what they had been advised, the Federal Court has found. And it happened 12,000 times.
Beware of bogus bond funds, ASIC warns Aussies
Dodgy bond investment schemes are scamming unsuspecting Aussies out of millions of dollars. Here's how to spot the scam.
ASIC slams school banking programs as ‘persuasive advertising’
ASIC has slammed school banking programs for being marketing campaigns with no educational benefit. And they could be costing your kids hundreds in interest.
Aussies ‘confused and overwhelmed’ about insurance through super
Have you ever called your super fund to find out if you have enough insurance, only to be left feeling confused, overwhelmed or uncertain? You're not alone.
How to find the right share trading platform for you
Buying shares and turning a profit is not as easy as it sometimes looks. These are the questions you should consider before you commit to a platform.
How insurers use secret definitions to avoid paying ill customers
CBA employee Mary was shocked when she was diagnosed with multiple sclerosis. Then came the news that she was refused a payout because she didn't meet CommInsure's definition of the disease.
ASIC has warned against insider trading, but what exactly is it?
Insider trading by company directors is "rife" across all industry groups, research shows, so what is it and why is it illegal?
The dodgy investments that are too good to be true
If you've come across an investment that claims to be a term deposit but with higher interest rates, be warned: it's probably a scam.
Disgraced adviser Sam Henderson charged with dishonest conduct
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.
