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Melbourne advice firm cops historic $1 million fine

A Melbourne-based financial advice firm is the first to be penalised for breaching the best interests duty, slapped with a $1 million fine by the Federal Court.

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Read more: ASICfinancial adviceFederal Courtbest interests dutyNSG ServicesFuture of Financial AdviceGolden Financial GroupPeter KellWealth & Risk ManagementWestpacfinancial planning