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Financial Planning

AFSLs can lose licence on CSLR intervention

BY KARREN VERGARA | WEDNESDAY, 7 AUG 2024 12:36PM

AFS Licensees (AFSLs) and their professional indemnity insurers (PII) that fail to pay a determination will potentially see their licence revoked if the Compensation Scheme of Last Resort (CSLR) has to intervene.

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