Senate debates

Monday, 14 July 2014

Questions without Notice

Future of Financial Advice

2:16 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

I actually agree 100 per cent with the quote that Senator Dastyari just read out. Consumers do need access to professional advice. And guess what? Not every bit of red tape is good for consumers. Not every bit of red tape actually helps to ensure that consumers can have access to professional advice. What we need is a robust but efficient regulatory system in which people across Australia saving for their retirement, managing their retirement or managing financial risks through life, can access high-quality—

Comments

No comments