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Financial Planning

FoFA disallowance could put industry into breach of law

A Senate alliance between Labor, the Greens and three crossbench Senators has pushed for a motion to disallow the Coalition's proposed changes to the Future of Financial Advice (FoFA) legislation in a move that could put the industry immediately into breach of law.

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Read more: FOFASenateLaborSenator Jacqui LambieSenator Mathias CormannFPASenator Ricky MuirSenator Bob DaySenator Sam DastiarySenator David LeyonhjelmMark RantallPalmer United PartySenator Nick Xenophon