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MLC refunds $67m in advice fees

MLC will cease deducting general financial advice fees from its MasterKey Personal Super products after admitting it did not clearly communicate to members they could opt out of the service.

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Read more: MLCMKPSASICMasterKeyMasterKey Personal SuperNABNULISMLC SuperMatthew LawranceGeoff LloydMasterKey Business SuperMKBS SuperRoyal Commission