• Check that your AFSL and AR numbers appear; ·
• If the company is trading under a business, name ensure the full corporate name appears somewhere;
• Check for general advice on retail products – if general advice is given, the general advice warning should appear and a copy of the FSG should be on the webpage;
• If applications for retail products are available online, ensure a PDS is also available; 
• Check for misleading and deceptive statements – these could be anything that cannot be factually supported (or which may be factual but for which no evidence is available) – avoid saying ‘leading provider’, ‘biggest insurer’, ‘low cost’, ‘cost effective’, ‘lowest prices’ etc.
• Check for special words e.g;
  • “General insurance broker” (for which authorization is required);
  • “Independent” (which may only be used in limited circumstances where commissions are fully rebated to the client; and
  • ”Free” (use of which is generally frowned on by the ACCC).    

For further information or assistance, call Gold Seal on 02 8353 6600.