Despite being just a few weeks away, the DDO regime has seen multiple adjustments and amendments of late. As such, it’s unsurprising if there’s still some confusion regarding what advisers actually need to do when the laws kick in. Thankfully, ASIC has some answers.
While the Australian market has typically seen a very healthy level of retail investor participation, the decreasing number of investment advisers available to individual shareholders endangers that balance. And although a current parliamentary inquiry is focusing on super’s role in capital concentration, a new submission argues that FASEA (and other pressures on advice) may actually be to blame.
No More Practice Education Pty Ltd
Level 1, 10 Shelley Street, Sydney NSW 2000
