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ASIC: Super funds charged higher premiums through incorrect “smoker” classification

ASIC: Super funds charged higher premiums through incorrect “smoker” classification

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Between 2017 to 2020, ASIC found that AMP, Colonial First State, Equity Trustees, IOOF (including OnePath), Intrust, Netwealth and Suncorp had, either at the time or previously, assigned 'smoker' status to some members unless they took……

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