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Body needed to monitor adviser competency: FSC

The financial advice sector is in need of change and a new Advice Competency Standards Board should lead the transformation, according to the Financial Services Council (FSC).

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Read more: FSCFSIAdvice Competency Standards BoardASICFinancial Services CouncilAustralian SecuritiesBetter definitionsFinancial PlanningFinancial Standard coverageFinancial System InquiryInvestments CommissionJohn Brogden