Seek financial advice: HumeBY ELIZABETH MCARTHUR | WEDNESDAY, 22 APR 2020 12:11PMWith the government now expecting close to two million Australians to apply for early access to super, assistant minister for superannuation, financial services and financial technology Jane Hume has urged those who are confused to seek financial advice.
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Perhaps someone should apprise Senator Hume that there aren't enough financial advisers to do the job.
They've left the industry, due to overwhelming regulations, plus forced removal of their sources of income, that have made their occupations unviable. They've had enough of being pilloried by politicians, Industry Funds, ASIC and the media.
There has also been, not least, the political ideology that has deliberately excluded financial advisers from servicing the needs of Industry Fund members.
All in the name of Consumer Protection.
Well, sorry Consumers!