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Industry welcomes grandfathering deal

The financial services industry has welcomed the parliamentary agreement between the Coalition and Labor to fix the unintended consequences of scrapping grandfathering from the Future of Financial Advice (FoFA) legislation.

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Read more: CoalitionLaborFinancial AdviceFinancial Planning AssociationFutureSenateShadow MinisterMinisterAFAAndrew BraggAustraliansFinance Mathias CormannFinancial AdvisersFinancial PlanningFinancial Services CouncilFPAFSCGovernmentIndustryMark Rantall