So long as the accountants are held to the same standards as financial planners. Best interest duty, comprehensive fact finde and statements of advice, I'm all for it. Accountants will then realise why regulation and legislation has made advice completely unaffordable, and therefore unavailable, for the people who need it most. They can't miraculously cut the cost of advice unless they are prepared to work form lower fees? This is a very naive statement by Andrew Conway.
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