Wow. ASIC finally doing something other than letting banks cheat customers out of money and getting away with it, letting Industry super give advice undere the guise of general advice and banning advisers for miss spelling a client's surname on an SOA.
How will any of the insurers sell products when FASEA kicks in and Risk advisers quit? Direct through internet marketing. I'll laugh all the way to the unemployment office when ASIC realise that getting rid of all advisers who deal with insurance and have to adhere to the Best Interests duty was a horrible idea.
The Lawyers "assisting" claimants must be licking their lips
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