IFL insignia financial ltd

Potential remediation costs, page-7

  1. 5,636 Posts.
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    This has always been a cloud hanging over the business. IFL are only just opening pandoras box by actually now starting to review their prior advice for remediation, while everyone else has already been a long way down this path.

    Cant accurately quantify cost at this stage but its going to be a heap more than they have provisioned for due to the nature of being a vertically integrated business model (making the margins by selling your own product under 'advice').
 
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