The Association of Financial Advisers (AFA) National Roadshow has concluded in Brisbane after nine days and events in six cities.
Senator Mathias Cormann, shadow minister for financial services and superannuation, headlined the Sydney event on Wednesday, with his “we will fix FoFA” address playing well to a good turnout of delegates.
Cormann again highlighted the opposition’s deregulation policy, which could potentially eliminate elements of the Future of Financial Advice (FoFA) reforms as unnecessary red tape.
While he would offer no firm commitment on the concessional contributions cap, Cormann said a coalition government would offer a greater choice of superannuation funds.
“Clearly the current government favours one business model,” he said, adding that retail funds should be included as a default superannuation fund option.
For AFA CEO Richard Klipin’s thoughts on the roadshow, click on the video below.






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