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READ MOREMillions 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.
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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