Submitted by Rebecca on Wed, 2023-08-30 11:56

Interesting that James Shipton has publicly spoken about the impact on his mental health while performing his duties at the top of the tree at ASIC, yet the unquantified damage to the mental health and wellbeing of numerous Financial Advisers and other financial services professionals due to ASICs approach to (over)regulating the industry over the last few years has never had any public attention. About time a light was shone on that perspective, to give our profession a voice for individuals Advisers, business owners, their employees and families who have been adversely impacted mentally, physically and financially by ASICs approach. The untold fallout of that would no doubt be staggering, yet unlikely to be possible to quantify for the public to understand, and ASIC to be held accountable in anyway to change their approach to regulating advice.

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