Queensland company AGAT Business put into voluntary liquidation amid ASIC investigation

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Superannuation News

Asic Investigation,Liquidation,Finance

A Queensland call centre, currently under investigation by ASIC, has been put into voluntary liquidation. The company denies any wrongdoing.

A Queensland call centre, currently under investigation by ASIC, has been put into voluntary liquidation.Super Consumers Australia said people who were concerned they may have received inappropriate advice could contact the Australian Financial Complaints AuthorityQueensland call centre AGAT Business, currently under investigation by the corporate watchdog, has gone broke and been put into voluntary liquidation.

In July, the ABC spoke to three women who alleged they were pressured into switching super funds by AGAT Business — which dubbed itself the 'superannuation detectives' after being offered a free review.At the time, the company declined an interview on the grounds it "Respects the privacy and rights of its clients and business partners,"

"We have legal records going back years where we have shifted our operations to meet the regularly updated guidance from ASIC." Keystone Asset Management, which was responsible for the Shield Master Fund, has also gone into liquidation.

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