Gordon Young brings his broader ethical lens to the conversation with practice owner and principal adviser Alysia Laird who both agree the early stages of the evolution of the profession has begun, something that’s particularly evident in the sharing of ideas and building of community that’s advanced quickly in recent years and is a hallmark of a thriving profession.
FSC white paper criticised for looking out for the interests of the biggest licensees
The Financial Services Council has proposed ASIC should establish a separate enhanced risk-based supervision function for advice AFSLs, as well as a higher base charge for licensees with the ASIC levy. The Financial Advice Association Australia has already called the recommendations an attack on self-licensed businesses.
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