Tag: insurance

July 12, 2016 BY Valentina Kirilova

Optus refunds overcharged customers $2.4 million after ASIC intervention

In response to ASIC's concerns about its compliance with Australian financial services laws, Optus Insurance Services Pty Ltd will refund approximately $2.4 million (including interest) to around 175,000 Optus mobile customers and will write to around 500,000 customers who may be affected. Optus has admitted it failed to provide some customers with a product disclosure…

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