News
Sales versus advice distinction 'lost'

Thursday 23rd of February 2017
The Financial Services Legislation Amendment Bill was released last week.
It amends sections of the Financial Markets Conduct Act to include advice-specific regulation.
During the options paper process, there had been discussion of a carve-out of sales versus advice services.
"We have also heard that the distinction between advice that puts the interest of the customer firs...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
3 min read