Timothy joins Maja Garaca Djurdjevic to discuss the red tape and bureaucracy thrust on advisers as well as the recent ASIC levy relief announcement.
Timothy also shares his personal experience with the FASEA exam and why he thinks there is something fundamentally wrong with the industry.
Lastly, he touches on the need for the government to listen to the concerns and thoughts of mum and dad advisers, who essentially make up a bulk of the industry.
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Very engaging, no spin or hype. Someone talking from experience in practice, in business, and as an advisor – cut the red tape it’s not helping anyone.
Bravo – couldn’t agree more. When are we going to have regulation and compliance that means something, rather than just as a box ticking exercise for the likes of ASIC and Auditors to keep them in jobs, at the expense of affordable, quality advice and service to those who can benefit the most from it – CLIENTS?