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Government ignored ASIC over LIC carve-out

Documents released under Freedom of Information laws reveal the government ignored ASIC's advice to not create a carve-out for LICs and LITs in the Future of Financial Advice conflicted commission ban.

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Read more: LICASICGovernmentFreedom of InformationFuture of Financial AdviceAustralian Financial ReviewCoalitionFOITreasury