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Australia: ASIC Taking Flak for Inconsistency Over Remuneration Disclosure

ASIC's plan to have remuneration disclosed on the very front page - the cover, in fact - of their draft statement of advice is being criticised by the AFA. Many arguments are advanced against showing remuneration on the cover, and still others could be thought of, but perhaps the most damning is that this is not the recommended approach for investments or superannuation. Why the difference? More details can be found at this article at riskinfo.com.au.

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