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Regulatory

"Free set up" SMSF administrator pays infringement notice over bogus claims

Self- managed superannuation fund (SMSF) administration company SuperHelp Australia (SuperHelp) has paid a $10,200 infringement notice penalty after making potentially misleading statements about the cost of setting up an SMSF.

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Read more: SuperHelp AustraliaASICSmart Investor magazineRegulatoryASIC Act 2001 consumer protection provisionsAustralian Financial ReviewMarch editionOctober 2013 editionPeter Kell