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NAB: Australia’s wealth management industry needs to restore trust

Australia’s wealth management industry needs to focus on restoring trust and confidence, says Matthew Lawrance, CEO of MLC Super, National Australia Bank’s (NAB) superannuation fund. In an interview with The Australian, Lawrance said “there’s no question that we can do better”. Australia’s wealth management sector – in particular, the superannuation business – has come under scrutiny for charging “excessive” fees….

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