Financial Standard Comments - FPA condemns FoFA fear mongers The Financial Planning Association of Australia (FPA) has urged planners to "rise above the noise of tired, product-centric arguments" in the early days of the watered-down Future of Financial Advice (FoFA) reforms. https://www.financialstandard.com.au/feed/latest?story=37284927 Fri, 17 Jan 2014 15:16:07 +1100 Fri, 17 Jan 2014 15:16:07 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Gratuitous Adviser (Retired)

Sidonis, with his philosophical desire to destroy anything Labor, never realised that the opt-in requirement by itself was going to reposition the industry and its functionaries to something better than working in the 2nd hand car business.

A trusted and ethical industry would not be frightened of their client having to opt-in to a financial liability and/or relying on client inaction/ignorance for their income.

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