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Regulatory

Interprac ordered to pay $120k over Shield advice, blames Macquarie

Interprac Financial Planning will need to pay approximately $120,000 in compensation to a complainant over inappropriate advice provided in relation to the Shield Master Fund, the Australian Financial Complaints Authority (AFCA) lead decision reveals.

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Read more: AFCAMacquarie Super FundShield Master FundInterprac Financial PlanningFinancial Services Group AustraliaFirst GuardianMacquarie Investment Management LimitedMWL Financial ServicesNext Generation AdviceUnited Global Capital