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Regulatory

FPA rejects FSC adviser regulation plans

The Financial Planning Association (FPA) has rejected the Financial Services Council's (FSC) proposal to establish a statutory, independent board to oversee advice, saying that there was no need for further regulation, with the mooted board simply "reinventing the wheel."

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Read more: FPA,  ASIC,  Financial Planning Association,  FSC,  Australian Securities,  Financial Services Council,  Financial Standard,  John Brogden,  Regulatory,  ACSB,  Advice Competency Standards Board,  AFA,  Andrew Bragg,  Brodgen,  COO Phil Anderson,  Financial Advisers,  Financial Planning Education Council,  Financial System Inquiry,  FPEC,  FSC adviser regulation plans,  FSI,  Investments Commission,  Mark Rantall