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Navigating the $12m Mercer Financial Advice penalty

Affected clients of Mercer Financial Advice paid over $14 million in inappropriate ongoing fees, as court documents show ASIC pushed for a penalty of $20 million. ....

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Link shakes up board, names super industry veteran

Link Group will reduce the number of positions on its board and has appointed a superannuation industry veteran to refresh the line-up to reflect massive changes to its business model. ....

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