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Calls for wider inquiry into financial planning industry

2015-02-22 09:49:59| Automakers - Topix.net

Calls are growing for a royal commission into the entire financial planning industry as a new leaked document reveals National Australia Bank identified five key areas within its wealth advisory activities for further investigation. It was revealed by Fairfax Media over the weekend that NAB had quietly paid $10 million to $15 million in compensation over the past five years to 750 customers who received inappropriate advice.

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