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	<title>Financial Standard Comments - Industry furious at financial advice swap</title>
	<description>The financial services industry responded with ire after the Future of Financial Advice (FoFA) laws were demolished in the Senate overnight.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=45409202</link>
	<lastBuildDate>Fri, 21 Nov 2014 13:17:45 +1100</lastBuildDate>
	<pubDate>Fri, 21 Nov 2014 13:17:45 +1100</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by craig sinclair (WiseAdvice)</title>
		<link></link>
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<p><p>Naomi Halpern, a victim of the Timbercorp collapse, said her experience and those caught up in similar failed investment schemes showed Australians really needed protection from poor financial advice.</p>
<p>One question for this person.... will she hand back the tax deduction she received from ATO?</p>
<p>The dilemma is that people borrowed money to get a massive tax refund but, now the assets have no value they want the bank to write off the debt</p>
<p>It's breathtaking how only part of the story ever gets out.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
]]></description>
		<dc:creator>craig sinclair (WiseAdvice)</dc:creator>
		<pubDate>Fri, 21 Nov 2014 13:17:45 +1100</pubDate>
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