MEDIA RELEASE: WIND-BACK OF FoFA PROTECTIONS STILL THREATENS FUTURE OF FINANCIAL ADVICE INDUSTRY AND OLDER AUSTRALIANS’ ASSETS AND INCOME
20 June 2014
COTA Australia still fears for the future of an independent, professional financial advice industry in Australia after the Federal Government indicated it will proceed with most of its legislation to water down consumer protections provided by the Future of Financial Advice (FOFA) legislation passed