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FSI proposal to ban LRBAs "draconian"

The Financial System Inquiry (FSI)'s recommendation to ban limited recourse borrowing arrangements (LRBAs) is "a draconian move that we need to reflect on," the Association of Financial Advisers (AFA)'s chief operating officer Phil Anderson said.

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Read more: FSIAFAPhil AndersonAssociationFinancial AdvisersFinancial System InquiryFinancial PlanningSMSFSydney