Mutual Fund, Health Insurance, Fixed Deposit & Investing in India
May 17,2012 | Last update 4 minutes ago

Moneylife Blog


http://issuu.com/moneylife/docs/content161?mode=embed&viewMode=presentation&layout=wood




voluntary

Got a Question
Q: Hi, I have a question about Liquid Funds. How safe is it to invest significant amount of money (say around 10 lakhs) in Liquid Funds compared to savings bank deposit? What factors should be considered in choosing a Liquid Fund? Can you advise on which liquid funds are the safest to consider? Thanks!
Q: I have few investments in mutual funds -SIP and lumpsum- please advice whether to continue or exit at this moment- 1. MORGAN STANLY ACE FUND 2. AXIS LONG TERM EQUITY 3.FRANKLIN TEMPLETON BLUE CHIP 4.J.P MORGAN INDIA EQUITY 5. RELIGARE CONTRA FUND
Q: Dear Sir/mam, I am taking homeloan from HDFC.Do you think that homelaon insurance is needed.The loan amount is 8lacs.Please also suggest suitable insurance products to cover the risk. Thanking you, Kind Regards, Rakesh
Q: i want to take a term insurance with accident disability rider in LIC but there is no rider option available, so will it be a good decision to take a term insurance from LIC and personal insurance from any gov owned insurance company. Kindly suggest. regards Sanjay.N
Q: A well known stock broking company (Raligare) approached me and asked me to invest a lump sum with a promise to multiply money. With the greed I invested Rs. 510,000 and signed an agreement without knowing the complete details. I invested the money by May 2009 and by August the value was reduced to Rs. 45,000. When I approached the higher authorities by then without any sympathy they were telling they were not God to multiply the money. They question how can I rely the words of an employee who was just getting a salary of Rs 20,000 a month. further they simply said that I shall approach SEBI or any other regulatory. Is their way of dealing with their customer right? I know I will not get back my money. But I do not want some other common man like me to loose his money like me. Can you do something to help the common man? I am ready to provide details if needed. I contacted SEBI but it was on no use. Though it is 2 years old I want to share it with you.
Q: I am 42 yrs old. i would like to choose and invest best retirement plan. i can invest approx 70k per annum for 15 yrs. Expecting good return after 18 yrs. Which is good plan. Kindly advise.
Q: i am investing 7000 pm in hdfc top 200 how much i get after 30 years
Q: What kind of Mutual funds are good for the short term period of 6months - 1 Year where we can expect decent returns. And are MIP's good ?
Q: I want to invenst in PFRDA NPS scheme, my age is 37 years, how much i can ivest monthly and how much i can get after 60 years.
Q: want to invest Rs 20000-25000 per year in insurance. plan ULIP premium paying term 5 year/ pls suggest best available ulip plant with 5 year premimum paying term
child plans coverpage1.jpg free for lucky few free for lucky few


featleft_pathbreakers

RSSRSS Feeds
Subscribe for Updates
RegisterRegister Now!
Login
For Advanced Access
NewslettersNewsletters
Free Daily Updates
Kensource StocklettersKensource Stockletters
Subscribe Now!

What's HOT?
Knowledge Series Books
Pathbreaker Series
Gift Subscription

Shopping
Moneylife Event Reports
Moneylife Events

.Moneylife Foundation held a workshop on 'Detoxify your body the truth about chelation therapy' on 7 April 2012


.Moneylife Foundation held a workshop on 'Democracy at Crossroads need for Electoral reforms' on 27 March 2012


.Moneylife Foundation held a workshop on 'International Women's Day' in Goa on 10 March 2012


.Moneylife Foundation held a workshop on 'Gold all told' on 28 February 2012


.Moneylife Foundation held a workshop on 'Charge up your Moneylife' on 25 February 2012


.Moneylife Foundation held a Screening of ' The Journalist and the Jihadi- The Murder of Daniel Pearl' on 18 February 2012


.Moneylife Foundation held a workshop on 'A Holistic Approach to Wellness & Health care' on 7 February 2012


.Dr Subramanian Swamy at Moneylife Foundation's 2nd Anniversary program


.Noted lawyer Parimal Shroff speaking on Housing regulation on 25 January 2012 at Moneylife Foundation


.Moneylife Foundation held a workshop on 'Investor Empower Yourself held at Hyderabad' on 22 January 2012


.Moneylife Foundation held a workshop on 'using RTI effectively in the financial sector' on 17 January 2012


.Moneylife Foundation held a workshop on 'How to be safe and smart with your money' on 10 January 2012


.Moneylife Foundation held a two-day summer special workshop on Financial Literacy on 20th and 21st April


.Moneylife Foundation held a workshop on 'Brokering News'on 20 December 2011


.Moneylife Foundation held a workshop on 'Investor, Empower Yourself' in Pune on 17 December 2011


.Moneylife Foundation held a workshop on 'Investing abroad opportunities,risks and taxes' on 13 December 2011


Citizen right.Moneylife Foundation held a workshop on 'Citizens right to grievance redress bill' on 24 November 2011


mlbanner

About Moneylife
Contact Us

Moneylife » life » public-interest » asci-receives-maximum-complaints-against-personal-care-ads
 
ASCI receives maximum complaints against personal care ads
January 04, 2012 05:05 PM | Bookmark and Share
Moneylife Digital Team

More and more corporates are using the fast track court system of ASCI to resolve their issues with advertisements from competitors

The Advertising Standard Council of India (ASCI), the self-regulatory industry body and its Fast Track Complaints Council (FTCC) receives maximum number of complaints against advertisements relating to detergents and shampoos- from the personal care segment.

Alan Collaco, secretary of ASCI, said, “So far eight complaints have been dealt by the FTCC. Four complaints have been upheld by the Council. These advertisements are of detergents, shampoos and sanitary napkins – mainly belonging to the personal sector.”

Moneylife learn that FTCC had upheld a complaint it had received against the television commercial of Pantene Pro-V Shampoo, a product of Procter and Gamble (P&G). According to the complaint, the claim, “Hair fall ka chakkar…shuru hone ka no chance,” is misleading as it conveys that using this shampoo from Pantene will completely stop the hair fall cycle. The complainant said that the claim is false, misleading and needs to be backed with substantial independent data.

FTCC after reviewing the advertisement concluded that the claim, “Hair fall ka chakkar …. Shuru hone ka no chance”, was an absolute one and was inadequately substantiated. It also contravened with ASCI’s code and hence it was upheld.

Even Ahemdabad-based, Consumer Education and Research Centre (CERC), in its draft advertising code says that advertisement should substantiate all the claims made in it. “Advertisers shall be under obligation to substantiate all claims made by them, whether direct or implied, with documentary evidence of independent research and test findings that are capable of objective assessment. Relevant evidence should be sent without delay if requested by the Authority and should be adequate to support both detailed claims and the overall impression created by the advertisement,” it says.

“If there is a significant division of informed opinion about any claim made in an advertisement it should not be portrayed as universally accepted,” CERC adds.

Experts say that the FTCC is an easy platform from ASCI for the corporates, instead of choosing lengthy and expensive legal battles over competitor’s advertisements.
 
In September, ACSCI started the FTCC for 'fast-track redressal' of complaints originating within the industry. Accordingly, such complaints are resolved by the FTCC within seven working days, from the earlier time of around five weeks taken to resolve complaints.
 
A member of ASCI’s Consumer Complaint Council (CCC) who wished not be named explains that the FTCC has been successful in resolving the cases quickly. The complainant needs to check if the decision given by ASCI is complied or not, since ASCI does not have any mechanism for it. However, since most of the companies are member of the council, they abide by the decision.

ASCI is planning speedy disposal of the consumers complaints it receives against errant and misleading advertisements. “For quick disposal of consumers, ASCI’s CCC now meets twice a month. Earlier the CCC used to meet only once in a month. Now, complaint can be resolved within a month instead of 40-42 days,” says Mr Collaco.
 
Experts from advertising industry say that it is easier for the companies to resolve their advertising dispute with ASCI instead of approaching courts, where decision might be taken after several years. Moneylife had reported that how ASCI have become a battle ground for companies who find it easier to have the advertisements of their rivals pulled out by approaching the ASCI. (http://www.moneylife.in/article/asci-easy-platform-to-target-rivals-by-submitting-complaints/19804.html)

ASCI has been seeking statutory powers from the union government to make its decision binding on advertisers.



Share this article:


Submit your comments

Name * :
Email Id * :
Author Url:
Comment*:
alert me when new comment is posted on this article
Security Code: secure code
Not readable? Change text.

What's Hot
From this section

  • Ayurvedic doctor penalised for giving allopathic medicine that led to
    The National Consumer Commission, while upholding State Consumer Forum’s decision, questioned why an Ayurvedic practitioner administered allopathic medicines without any knowledge of the same
  • 4 doctors of Max Hospital held guilty of negligence; anxious father
    Following the death of his daughter due to medical negligence in Delhi’s posh Max Hospital, the aggrieved father invoked 50 RTI applications in various departments to seek justice. Last week’s order by CIC Shailesh Gandhi provides some hope
  • ‘Lucrative’ assignments: A Messy Saga
    Top bureaucrats and chairmen of banks and public sector entities (barring a few honourable exceptions) are guilty of corruption and looting of public assets. However, their political godfathers ensure that they escape strict action
  • Harshad Mehta Scam: A Distorted Picture of 1992
    Even after a 20-year effort, the special court is discussing the possibility of pushing the hearings. The only major beneficiaries have been India's lawyers, whose incomes rose by a factor of 10 or more
  • El Niño possibility lowers normal monsoon forecast
    According to Rajan Alexander of Dev Consult Group, which tracks international weather forecasts, the El Niño appears to be virtually struggling to establish itself for the last couple of months. Experts say that considering that the large part of country is already in a drought-like situation, the news will severely impact Indian farming community



What's Hot
Recent Additions


RIL does not hold stake in any media company – True or 
It may be true that on paper, RIL does not hold any stake in any media company, as the minister stated in Rajya Sabha. However, the Reliance group now openly controls Eenadu TV
Did New India overcharge lakhs of policyholders? – II 
New India Assurance admitted that a software glitch resulted in overcharging mediclaim premium, but has dragged its feet on providing information. It now says that it gave a wrong
Daily cleansing for the mind 
Breathe away to happiness and glory! Bath for the mind consists in daily replacing our negative thoughts like hatred greedy, jealousy, anger and pride with positive thoughts like
Did New India Assurance overcharge lakhs of mediclaim 
Is New India Assurance sitting on crores of extra premium collected due to a software glitch? It does not even know how many policyholders paid excess premium and is stonewalling
President Pratibha Patil’s luxurious home continues to 
The 2,42,000 sq ft of land in Pune returned by President Patil is to be ‘suitably’ used for an alternative purpose. Communication from the ministry of defence is


bulletMost Popular




Moneylife Shop

pathbreaker-1-New.gif Pathbreakers
Pages - 223

List Price - Rs.1200
Our Price: - Rs.1000
Plain Truth_Stock Investing.jpg Plain Truth about Stock Investing
Pages - 96

List Price - Rs.125
Our Price: - Rs.100
Plain Truth_Mutual Funds.jpg Plain Truths about Mutual Funds
Pages - 104

List Price - Rs.125
Our Price: - Rs.100
Plain Truth_Investment.jpg Plain Truths about Investments
Pages - 115

List Price - Rs.125
Our Price: - Rs.100
Plenty more interesting articles in the ML Store inside, Gift it to someone else or yourself!

Go to Moneylife Shop
Moneylife
Navigator

Subscribe to Moneylife | Send a Gift Subscription | Visit Moneylife Store | Offers & Promotions | Moneylife Newsletter | Useful Resources

Newsviewer | Commentary | Markets | Companies & Sectors | Investing | Personal Finance | Small Business | Life

Moneylife Home | Moneylife Magazine | Moneylife Shop | Corporate Moneylife | Contact Us


Moneylife - Mutual Fund, Health Insurance, Fixed Deposit & Investing In India
© 2009-12. All rights reserved by Moneywise Media and it's subsidiaries.

No contents of Moneylife.in website or Moneylife Magazine shall be reproduced without prior permissions from the authors of
Moneylife.in website and/or publisher of Moneylife Magazine.

You are bound by Terms and Conditions for using this website any further this point.
We maintain standard guidelines of User Privacy and may not disclose private user information to third parties.

Write to Moneylife webmaster for all the questions, reports and complaints pertaining to this website.

DISCLAIMER: This article is written purely in the public interest. While every attempt has been made to ensure that the information provided on this page is accurate, Moneywise Media Pvt Ltd and its group companies (together called as ‘Moneylife’) will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through its site(s).