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Regulatory

Pearce backs TCF policy

BY MICHAEL HOBBS | FRIDAY, 6 MAR 2009 12:35PM

Shadow minister for financial services, superannuation and corporate law, Chris Pearce said the opposition would support a 'treating customers fairly' (TCF) principle if the latest financial planning inquiry does not fully address consumer rights.

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ASIC cancels AFSL of Australian Fiduciaries

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ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.

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