Your bias against advisers means you miss the point. How is the client better off if grandfathered commission is turned off? Many (not all) are currently getting advice, they won't when the commission is turned off. To top it off there is no guarantee that the commission will be rebated back to them, which apparently is the whole point of turning them off in the first place. I get you want to punish advisers but allowing super funds / banks / insurers to benefit at the expense of clients shows union fund disciples like you care very little about actual clients.
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