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Financial Planning

FAAA calls for stronger consumer protections in advice reforms

The Financial Advice Association of Australia (FAAA) has opposed collective charging for "always complex and costly" retirement planning advice and emphasised the need for consumer protection in the provision of super nudges in its submission to Treasury on the Delivering Better Financial Outcomes (DBFO) Tranche 2 Part A draft legislation.

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Read more: RetirementFAAAFinancial Advice Association of AustraliaTreasuryDelivering Better Financial Outcomes Tranche 2Future of Financial AdviceNew Class of ProviderProfessional StandardsStatements of Advice