I'm surprised they've been given a 3yr term given the current funding of FASEA expires 30 June 2021. Does this mean should FASEA not be funded in their current form or subsumed into the proposed Single Disciplinary Body that the Directors will receive a termination payout? That would seem "unethical". Prior to reappointment for a 3yr term, shouldn't FASEA have considered its own "broader effects and likely future circumstances?"
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