Why Cormann is now right on financial advice

Banning commissions and upholding the best interests duty will help restore the reputation of a much maligned industry. Making financial advice more affordable will be Mathias Cormann's next challenge.

The Abbott government’s red tape warriors must have been pretty shocked when it turned out financial planners didn’t want most of their amendments to Labor’s financial advice legislation.

There they were, doing their best to reduce “compliance costs for small business”, and this mob of ingrates came out against it.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles