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Aussies need twice as much money for advice thanks to FOFA

Aussies need twice as much money for advice thanks to FOFA

Investment Trends CEO Michael Blomfield says the industry must force ASIC to come up with regulations that actually support the way Australians want to receive financial advice.

  • Shared by ifa
  • August 14, 2019
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Speaking at the 19th Annual Wraps, Platforms and Masterfunds Conference in the Hunter Valley last week, Mr Blomfield explained that there is a complete mismatch in Australia between those who need advice and those who receive it.

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