Insurer hit with fines for misleading advertising

ASIC is continuing its crackdown on misleading advertising, fining an insurer $36,000 for breaches in its online and television advertising. Virgin Money was hit with three fines, relating to advertising that appeared on television up until May 2013, and online up until March 2014. The advertisements centred around Virgin Money's Quick and Easy life insurance product, with ASIC finding they … [Read more...]