Financial Standard Comments - Government ignored ASIC over LIC carve-out

Financial Standard Comments - Government ignored ASIC over LIC carve-out Documents released under Freedom of Information laws reveal the government ignored ASIC's advice to not create a carve-out for LICs and LITs in the Future of Financial Advice conflicted commission ban. https://www.financialstandard.com.au/feed/latest?story=151951666 en-AU Copyright 2026 Financial Standard 5