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Former Qld financial planner faces court

A Brisbane financial planner allegedly instructed staff to transfer money from clients' self-managed super funds without signed approval from from the customer, a court has heard.

Former financial adviser Bradley Sherwin is facing 33 fraud charges for allegedly using almost $10 million in clients' money without telling them what he planned do with it.

A Brisbane Magistrates Court committal hearing on Monday heard former Sherwin Group employee Benjamin Wallace was regularly told to transfer money from client SMSFs to Wickham Securities, of which Sherwin was a director, for an investment without the required signed application form.

© AAP 2016

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