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In The Age on August 2, 2006, Alan Kohler submitted an article titled:
" Our financial planning headache needs more than ASIC aspirin to ease the pain."
Interestingly, this article referred to the issues AMP were experiencing after an ASIC investigation in addition to the launch of the Financial Literacy Foundation of which Craig Dunn of AMP and Paul Clitheroe were members of the foundation's board.
Kohler stated " And by the way, the coincidence also highlights the potential conflict of interest of those in the retail financial services industry who sit on the foundation's board, including chairman Paul Clitheroe, executive director of AXA Asia pacific subsidiary, Ipac Securities. But then it's just another conflict among many in this industry".