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Showing 21 - 30 of 37 results for "Cold calling"

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
The use of cold calling to sell direct life insurance will be prohibited in the New Year.. ASIC will ban unsolicited cold calling in life and consumer credit insurance sales from January 13 next year, following a period of consultation with industry ...

Pensioners lose decades of savings in 24 hours

ELIZABETH MCARTHUR  |  THURSDAY, 14 NOV 2019
... authorised firm before making big changes to your pension fund. Make sure your lifetime savings stay yours." A ban on cold calling in relation to pension offers came into effect in the UK this year, with penalties of up to £500,000 applicable to those ...

ASIC moves to ban direct life cold calling

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
ASIC moved to ban the unsolicited telephone sales of life and consumer credit insurance. Consultation is open for ASIC's proposal to ban the sale of direct life and consumer credit insurance by unsolicited phone calls, in a move the corporate regulator ...

ATO cold calling to test SMSF trustees

LAURA MILLAN  |  FRIDAY, 5 DEC 2014
The Australian Taxation Office is calling self-managed super fund (SMSF) trustees to test their fund knowledge and restricting their ability to operate the fund if they fail. Legal document provider Topdocs said in a technical article that "examples ...

ASIC winds up 3 fraudulent QLD financial services companies

LAURA MILLAN  |  MONDAY, 29 APR 2013
... have to pay ASIC's costs. ASIC carried out an investigation into an entity called Secured Private Wealth that used cold calling and a website to induce investors to deposit funds into the accounts of Secured Collateral, Diversified Collateral and Intra ...

ASIC uncovers investment scam

LINDA HAUSKEN  |  FRIDAY, 6 JUL 2012
... services business without holding an Australian financial services (AFS) license. According to ASIC, the companies used cold calling and a website to induce investors to deposit funds into a number of bank accounts held in the names of the accused companies ...

Cold calling scammer gets 10 year ban

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
... its director, Blair Jason Travers, from the financial services industry for 10 years after being found guilty of a cold calling scam. Australian Securities & Investments Commission (ASIC) has ordered City Index Australasia (CIA) and Travers to remove ...

ASIC warns against fake investment group

LINDA HAUSKEN  |  TUESDAY, 12 JUN 2012
... unlicensed financial services business, which offers fake investment opportunities. Connaught representatives are cold calling people for investment purposes while quoting the Australian Financial Service (AFS) licence and Australian Company Number (ACN) ...

ASIC charges against new wave of boiler room scams

ELISE BURGESS  |  MONDAY, 6 FEB 2012
... financial services business, defrauding 36 investors in excess of $350,000. ASIC also alleged that Golden Sparrow used cold calling and a website to induce investors to deposit funds into a number of bank accounts held in the names of Golden Sparrow ...

Gold Coast scam sees 20 investors lose $250,000

CLAIRE MCGREAL  |  MONDAY, 28 NOV 2011
... services. Bruhn is also not allowed to leave the country without court permission. ASIC alleges that Golden Sparrow used cold calling and a website to induce investors to deposit funds into a number of bank accounts held in the names of Golden Sparrow ...