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PAA: Draft bill essentially 'demoting the AFAs'

Tuesday 4th of April 2017
The association made a submission on the draft Financial Services Legislation Amendment Bill.
The bill is set to create a more level playing field for advisers than the current AFA, RFA and QFE designations – although competence requirements will be determined by a code of conduct that will be tailored to different types of advice.
In its submission, the PAA said there was a risk...
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