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Super flagged in major ASIC crackdown

After the government announced a $127.2 million boost to ASIC yesterday, the corporate regulator has marked super and financial advice as two main areas it will be concentrating its resources on, with “major shadow shop” projects on the cards.

Super flagged in major ASIC crackdown
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Federal Treasurer Scott Morrison yesterday announced the multi-million-dollar reform package serves to equip ASIC with stronger surveillance capabilities in Australia’s banking and financial systems.

Read the full story at SMSF Adviser.

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