Whether or not the proposed removal of Best Interest duty makes it through – it’s certainly opened the discussion. If it was no longer legislated – how will the replacement of best interests work in a practical sense? How do you implement it into your process? And what will AFCA’s view be on advisers working outside it.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.