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Better Advice regulations hit parliamentBY KARREN VERGARA | FRIDAY, 25 JUN 2021 12:23PM
Financial advice regulatory reforms that include establishing one disciplinary body and giving ASIC greater powers over the industry are closer to becoming law.
Read more: ASIC, FPA, Corporations Act, Australian Business Registry Service, Australian Taxation Office, Better Advice Bill, Corporate Authorised Representative, Dante De Gori, Jane Hume, Tax Practitioners Board
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Tomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution.
Investment consultant firms from across the world with US$10 trillion in assets under advice have joined together to launch a global net zero initiative.
Senator Jane Hume is warning consumers who fall victim to bad advice from finfluencers not to rely on the government for compensation.
In its submission to the inquiry into common ownership, BlackRock point out the theory behind the inquiry is "based on fundamental misconceptions", adding that any possible reforms based on ideas still under debate would be premature.
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