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Remediation bills revealed amid call for levy freeze extension

Six of the largest financial institutions have paid or offered a total of $3.6 billion in compensation to consumers over fees for no service and non-compliant advice. The new stats come as the Financial Planning Association of Australia calls for an extension to the adviser levy freeze.

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Read more: ASICNABANZWestpacCommonwealth BankFinancial Planning Association of AustraliaFPAMacquarie EquitiesAustraliansCBASarah Abood