Regulatory costs unsustainable: FPABY KARREN VERGARA | THURSDAY, 28 SEP 2017 12:42PMThe Financial Planning Association of Australia believes increased red tape across the advice industry will not only reduce competition but see consumers bear the brunt of additional compliance costs. Related News |
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
Nice to hear the recognition of the difficulties for the long serving single planner smaller practice. 30 years soon and it's time to hang up the boots. CFP etc doesn't really matter now and I've done all that. When you're climbing the ladder of success, but it's against the wrong wall, then it's time to let it go. I work for Mr Compliance now and not the client sadly. I love the clients and the relationships but I hardly have time to serve them efficiently now. It's time to go, sadly. May the good plans I leave RIP.