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FoFA reforms put professional standards at risk: Ripoll

The federal opposition has concerns that the proposed changes to the Future of Financial Advice (FoFA) regime as outlined by the government yesterday may result in reduced consumer protection and a decline in professional standards.

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Read more: Superannuation Bernie RipollDavid WhiteleyFinancial AdviceFinancial Planning AssociationFinancial Services CouncilFPAFutureIndustry Super AustraliaShadow MinisterAFAAssistant Treasurer Arthur SinodinosBrad FoxFinancial AdvisersFinancial PlanningFinancial StandardFSCInterest DutyISAJohn BrogdenLaborMark RantallRippoll