Financial Standard Comments - Hume pledges less red tape for advisers The Liberal Party is promising major changes to the financial advice industry ahead of the federal election, ones that will overhaul compliance, costs, and education standards. https://www.financialstandard.com.au/feed/latest?story=179791814 Wed, 02 Mar 2022 14:16:28 +1100 Wed, 02 Mar 2022 14:16:28 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Amon Avis (Wellinvest)

It may not be fashionable to say this, but what the disenfranchised masses - the ordinary Mums & Dads - need more than ever today, is what they lost (or never had) due to the excessive and largely unnecessary regulations imposed on advisers. Ordinary Mums & Dads don't need sophisticated, degree-qualified advisers, but simply someone with common sense and empathy to guide them through the labyrinth of red tape associated with superannuation, insurance and elementary planning matters. And they are averse to paying 'consulting fees'.

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]]> Amon Avis (Wellinvest) Wed, 02 Mar 2022 14:16:28 +1100 Comment by Chris Cornish (Cornish Wealth Management)

If you believe Jane Hume, please let me know; I have a lovely bridge in Sydney to sell you.

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]]> Chris Cornish (Cornish Wealth Management) Wed, 02 Mar 2022 14:37:53 +1100 Comment by Craig Sinclair (Wise Advice Financial Services p/l)

Too Little way way too late ! Liberal's betrayed there base and must go. Our industry has been destroyed - let the CFMEU run the place ! CBUS / Pro build anyone ?????

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]]> Craig Sinclair (Wise Advice Financial Services p/l) Wed, 02 Mar 2022 15:39:44 +1100 Comment by Stephen C (SLC)

Can only say Jane. Your government lied to us and created the mess you say you will fix. Well that would require you to be re elected and after the mess you have created I for one will not be voting for you to get the chance. It would require trust and the Liberal government burnt mine. A few years in opposition will help you learn a valuable lesson. TOO LITTLE TOO LATE!!!

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]]> Stephen C (SLC) Wed, 02 Mar 2022 20:29:56 +1100 Comment by Georgina LUKE (Pinant Financial Planning)

We have been now told that we are in the latest Profession. Senator Hume needs to stop calling it an industry and call it a profession. Which it is.

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]]> Georgina LUKE (Pinant Financial Planning) Thu, 03 Mar 2022 11:10:47 +1100 Comment by Kurt Armbruster (AGS)

Why now?! These clowns have had years to address this. Any advisers serious about staying In the industry have already completed the ridiculous FASEA exam and all or most of the post graduate units to stay viable in the industry... at the expense of the time that they could have better spent on their clients and families.

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]]> Kurt Armbruster (AGS) Mon, 07 Mar 2022 08:41:14 +1100