Financial Services Council Will Not Support Amendments To Future of Financial Advice Amendments

The Financial Services Council has announced that it will not support the amendments to the Future of Financial Advice (“FOFA”) legislation as the Bill failed to provided certainty for consumers and financial advisers. He suggests that the lack of clarity of the FOFA reforms will expose financial planners to risks and many disputes will end up in court.

Originally Published: 
22/03/2012