Queensland call centre AGAT Business, currently under investigation by the corporate watchdog, has gone broke and been put into voluntary liquidation.
Customers had alleged AGAT sales representatives phoned them offering to check their current super arrangements for free before referring them to financial advisers.
Some of those financial advisers then recommended customers move their super to a troubled investment scheme called the Shield Master Fund.
AGAT’s collapse is one of a string of insolvencies that means some people who are worried about their investment in Shield have also had the call centre they dealt with close their doors and their financial advice firm shut.
This conduct of lead generators and financial advisers forms part of…
