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AAP
AAP
Politics
Tess Ikonomou

YOU WONT BELIEVE: Compensation scheme for financial victims a step closer - What They Never Told You

New obligations ensuring the banking, insurance and superannuation industries act with honesty and care have been introduced to parliament.

Financial Services Minister Stephen Jones said the government's legislation would strengthen accountability.

The bill states entities in the financial industry should take steps to conduct their business with honesty, integrity, due skill, care and diligence.

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