Moral hazard is right, especially when considering the bias ASIC has displayed against planners and for industry super funds and union run finds. Clearly something isn't right, and I suspect there is a lot of favours or money changing hands in the background.
In order to give you the best site experience, we need to know what kind of investor you are. Please select the title that best describes you below.
Financial Advisers - Investment
Financial Advisers - SMSFs
Individual Investors with SMSFs
Financial Advisers - Insurance
Accountants and Solicitors
Financial Services Professional