First glimpse of ASIC’s affordable advice review
While the regulator’s affordable advice project appears to have been slowed down by significant volume of responses from advisers, change may just finally be on the way.
While the regulator’s affordable advice project appears to have been slowed down by significant volume of responses from advisers, change may just finally be on the way.
With new ASIC consumer remediation guidelines on the way and laws following on from the Royal Commission kicking into gear in October this year, concerns have been raised as to how these rules intersect with the existing AFCA regime – and whether it’s putting advice businesses at risk.
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