Macquarie payout still leaves $95k bill for Shield compensation
The Australian Financial Complaints Authority’s (AFCA) lead decision relating to MWL Financial Services has shed light on the practical impact of clients that have been reimbursed for their Shield Master Fund holdings. In a video, AFCA lead ombudsman for investments and advice Shail Singh said the lead case saw a couple cold and “encouraged” to get their super reviewed. “They were then referred to an...
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