ASIC warning on risky investments

Recently the Australian Securities and Investments Commission (ASIC) released a warning to investors that investment advertising is not always true to label.  You can read their full statement in the attachment below.

With term deposit rates falling a number of firms have started to advertise fixed income producing products as term deposit alternatives, without disclosing that the investment risk of these funds may be higher.

Therefore if you are considering an investment and would like us to investigate it in detail please contact our office.