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Super funds slapped over smoker premiums

AMP, Colonial First State, Equity Trustees, IOOF, Intrust, Netwealth and Suncorp have been caught out by the corporate watchdog for wrongfully assigning 'smoker' statuses to new members, with only four of the aforementioned businesses set to refund members.

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Read more: ASICEquity TrusteesIntrustIOOFNetwealthSuncorpColonial First StateAustralian Financial Complaints AuthorityCFSDanielle Press