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Regulatory

Administrators fined over 'free ' SMSF set up claims

The Australian Securities and Investments Commission (ASIC) has ordered a self-managed superannuation fund (SMSF) administration service provider to pay an infringement notice penalty after claiming its service was free.

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Read more: ASIC,  Australian Securities,  Esuperfund,  Investments Commission,  January 2014,  Super Accountant,  Regulatory,  Administrators,  Deputy chairman Peter Kell,  Investment Commission Act 2001 consumer protection provisions,  May 2014