Australia delays financial adviser register
They will have an additional six months to sign up to the regulator’s portal
They will have an additional six months to sign up to the regulator’s portal
For allegedly misleading customers and failing to provide promised benefits for three decades
‘Still a lot of B-grade advisers who don’t have the education, intelligence, experience or wit’
It will give advisers ‘increased choice, flexibility and transparency with how they partner’ with the firm
As fallout from the financial services Royal Commission continues
Proceeding ‘was conducted in a surprising manner’ and ‘resulted in an unexpected outcome’
To prioritise and deal with the impact of the coronavirus pandemic
Industry has already experienced an exodus during 2019
Driven by consultation paper from regulator on greater disclosure
To implement recommendations of Royal Commission and enhance transparency
‘We are very concerned that rushed legislation may result in poorer outcomes for everyday Australians’
As they claim to have suffered financial loss due to alleged corporate misconduct