Same rules for brokers and planners - senior management and boards commence and do the FASEA, time is up they need to be brought up to date. Degrees and qualifications are outdated and they need to go back to uni.
Senior Management and Boards get paid the same as brokers and planners - no percentage or bonuses as percentage of AUM increase or other metrics. Just a flat fee. Let's do it same as proposed by Labor for taxation - cap it out
Director and management indiscretions get the same penalties and they can go to gaol. Have any director been to gaol as yet for fees for no service
I am sure much much more than everything is equal
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