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Advice associations under conflict of interest on professionalism: ASIC

Advice industry self-regulation is not an appropriate model to increase professionalism in the financial advice industry, as associations have "an inevitable conflict of interest," the Australian Securities and Investments Commission has argued.

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Read more: ASICAdvice associationsAustralian SecuritiesInvestments CommissionSPAAFinancial PlanningAssociationAustraliaProfessor Berna CollierSMSF Professionals