Senate debates
Tuesday, 8 July 2014
Questions without Notice
Future of Financial Advice
2:04 pm
Sam Dastyari (NSW, Australian Labor Party) Share this | Hansard source
Mr President, I ask a supplementary question. Is the minister also aware that ASIC has found 'there is an industry wide problem of very poor advice, including problems of conflict of interest'? Given that there is an industry-wide problem of poor quality advice, did the still Acting Assistant Treasurer have any regard to ASIC's concerns when he made regulations winding back the FoFA reforms?
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