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Retail funds also guilty of 'Compare the Pair' vagueness

BT and ANZ may need to follow Industry Super Australia (ISA) in clarifying the language of their superannuation advertising campaigns, following a ruling by the Australian Securities and Investments Commission (ASIC) over use of the term 'average' in reference to super funds.

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Read more: ISABTANZASICAndrew BraggANZ Smart Choice SuperAustralian SecuritiesBT SuperIndustry Super AustraliaInvestments CommissionSuperannuationANZ adsAssociationAustraliansAverage Industry Super FundAverage Retail Super FundBrad FoxFinancial AdviceFinancial AdvisersFinancial Services Council directorFSCFutureLifeLife advertisement statesMySuper productsPair advertisements