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FoFA freeze a consequence of pro-consumer campaign: Silk

AustralianSuper chief executive Ian Silk said that Senator Mathias Cormann's decision to freeze the Future of Financial Advice (FoFA) regulation is a consequence of "a surprisingly strong campaign" against "elements" that were pushing the legislation away from consumer interest.

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Read more: Financial AdviceFutureSenator Mathias CormannIan SilkGovernmentJohn BrogdenASICAssistant Treasurer Arthur SinodinosAustralian SecuritiesFinance Minister Mathias CormannFinancial PlanningFinancial Services CouncilIndustry Super AustraliaInvestments CommissionISASydneyThrusdayThursday