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	<title>Financial Standard Comments - Broken advice industry shuns everyday Aussies: AFA</title>
	<description>The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=179779221</link>
	<lastBuildDate>Thu, 29 Jul 2021 13:22:02 +1000</lastBuildDate>
	<pubDate>Thu, 29 Jul 2021 13:22:02 +1000</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by Mark Videon (Nationwide Financial Management)</title>
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<p><p>Again, the Government is trying to fix something that now, is not broken, however, with all the new compliance issues and costs the only thing breaking is Advisers.</p>
<p>I can understand why the Government had do the Royal Commission into banking, this was a time during the early to mid 2000&#39;s which had little regard for the needs of clients but of the profit for shareholders. This was never the case for small Advice Business&#39;s, who have always had the needs of clients first. We are now being beaten up by the sins of our predecessors.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Mark Videon (Nationwide Financial Management)</dc:creator>
		<pubDate>Thu, 29 Jul 2021 13:22:02 +1000</pubDate>
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