The Opposition on FoFA

On June 10, Professional Planner hosted a roundtable featuring the Shadow Treasurer, the Shadow Minister for Financial Services and Superannuation, and leading industry figures. The discussion ranged across a number of topics, in including the Opposition’s stance on aspects of the Futute of Financial Advice reforms. This is an edited transcript of the event. A longer version appears in the July 2011 edition of Professional Planner magazine.

Hands off super

The Australian Institute of Superannuation Trustees (AIST) has warned against raising the preservation age for superannuation, in the wake of the Government’s Budget decision to lift the retire¬ment age to 67.