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Financial Planning

APRA punishes errant super trustees

WEDNESDAY, 17 AUG 2005 10:49AM

The Australian Prudential Regulation Authority (APRA) has taken action against two former trustees of the Tunstall Bond Superannuation Fund forcing both trustees to compensate fund members for over $225,000 worth of entitlements, and having one trustee fined $100,000 by the Federal Court.

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