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Regulatory

FSC calls for tougher oversight of advice licensees

The Financial Services Council (FSC) has called for a significant overhaul of ASIC's supervisions of financial advice licensees, arguing stronger regulatory oversight is needed to better protect consumers following recent industry failures.

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Read more: ASIC,  AFSL,  FAAA,  Financial Services Council FSC,  Blake Briggs,  Sarah Abood,  Financial Adviser Register,  First Guardian,  Shield