So explain to me the numbers as a “professionally qualified” adviser I don’t understand.

We have “qualified advisers” aka backpacker sales people, providing advice but not charging a fee or receiving a commission.

How does the salary get paid? (Not to mention bonus, promotion for hoovering money into your employers account).

The only logical place is other members of the fund by fund overhead.

How is this not FEE FOR NO SERVICE!!

The FSC has never had client outcomes as a priority, it’s all about insto domination.

To get from Hayne to here in just a couple of years is grubby slimy politics at its best.

I’m disgusted by this rubbish.