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Financial Planning

Adviser regulation lacking a professional body, RC hears

The Association of Financial Advisers decided to retain two financial advisers as members despite them receiving official banning orders from ASIC because the association didn't want to tarnish its reputation and engage in a legal battle.

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Read more: AFA,  ASIC,  Association of Financial Advisers,  FPA,  Chris Harris,  Darren Tindall,  FASEA,  Financial advice,  Jennifer Coleman,  John Doyle,  Membership Review Committee,  Philip Kewin,  Rowena Orr,  Royal Commission,  Securitor,  Senior Counsel Assisting,  Synchron