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Leng Yeow
Simon Hoyle
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Licensees barred from new class of adviser under revived DBFO reforms
Only APRA-regulated super funds and insurers will be allowed to employ the new class of adviser in a policy backflip by the government. But other reforms announced by Minister for Financial Services Daniel Mulino on Wednesday will revamp the Compensation Scheme of Last Resort, crack down on lead generation services and improve access to safe and reliable financial advice.
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