Government in denial over affordable advice
Advice is now only affordable to a small minority of Australians and retail advice is not scalable in the current regulatory environment.
Advice is now only affordable to a small minority of Australians and retail advice is not scalable in the current regulatory environment.
Australia is developing a two-tier ‘haves’ and ‘haves not’ advice structure.
The recent Productivity Commission report was written with a total disregard for members’ best interests.
The Royal Commission targeted grandfathered commissions for advisers, but there’s some nuance lost in the debate.
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