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0.General, 2.financial advice

17 Apr 2018 (AFR) – Banking royal commission: AMP under attack – admits to lying to ASIC

[COMMENT: Ok, so what’s worse? Lying to the regulator? or ripping off customers? But how prevalent is this activity?]

(17 April 2018, AFR, p1, by James Frost)

‘AMP copped the full force of the Hayne royal commission’s probe into the provision of financial advice with the company exposed for a policy of charging customers for services it never intended to provide and then making a series of false statements to regulatorsĀ about the practice.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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