The government’s new industry committee on the proposed register of advisers has held its first meeting, with stakeholders on both sides of the FOFA amendment debate represented.
Chaired by the general manager of Treasury’s Financial System and Services Division, Meghan Quinn, and ASIC deputy chair Peter Kell, the working group will help the government implement the individual adviser register project agreed to during FOFA amendment negotiations with the Palmer United Party.
An email from Treasury to invited delegates – seen by ifa – reveals that Senator Cormann has sought consultation from representatives of a wide range of sub-sectors and political interest groups within the financial services industry.The regulator has banned a financial adviser for five years and cancelled his firm’s AFSL. The Australian Securities ...
The lack of visibility and consistent regulatory instability are stopping prospective talent from entering the advice ...
The introduction of Rhombus Advisory has caused a shift in the top advice licensees as Insignia separates its advice ...
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