Regulation

Submissions call for big law changes

Wednesday 22nd of July 2015

Submissions on the FAA review issues paper close today.

The IFA's submission says the review needs to address a fundamental problem - that the FAA defines advice based on the product, not how the product is applied to a client's situation.

The IFA said, rather than the current category system and misunderstood adviser designations, a better approach would be to define advice and a...

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