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Fees-for-no-service review wraps up, with $4bn price tag for top banks

The four majors along with AMP and Macquarie have paid or offered to pay a total of $4.7 million for charging fees for advice services they did not provide and for noncompliant advice, bringing to a close an eight-year review by ASIC and a key chapter of the advice industry shakeup led by the Hayne commission.
Lisa Uhlman | 15th Mar 2023 | More