Millions of Aussies owed $1.6 billion refund

Millions of Aussies have been ripped off by ‘junk insurance’ and other dodgy charges from the financial sector.

by | Oct 12, 2022

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The Australian Securities and Investments Commission (ASIC) estimates 2.7 million Aussies are still owed refunds to the tune of $1.6 billion.

ASIC said remediation was available to people who received fees for no service or non-compliant advice, as well as for people who bought ‘junk insurance’.

Read more at Yahoo Finance

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