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Intra-fund advice conflicted: Royal Commission

Colonial First State admitted to falling below community standards when it crafted poor communication to super fund members to dissuade them from moving to a cheaper default option. One financial adviser was banned in the process, the Royal Commission heard.

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Read more: CFSFinancial WisdomMySuperRoyal CommissionCBAColonial First StateFirstChoice EmployerLinda ElkinsMichael HodgePeter Chun