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Superannuation

AMP defaulted members as smokers: Royal Commission

An AMP non-smoking superannuation fund member was charged excessive premiums of up to $72,000 after he was unknowingly defaulted as a smoker, the Royal Commission heard this morning.

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Read more: AMPRoyal CommissionASICFlexible Lifetime SuperMark CostelloPaul SainsburySuperannuation Complaints Tribunal