The Financial Services Council wants clarity from Treasury on draft regulations around the grandfathering of existing clients, which continues to muddy the conflicted remuneration provision of the Future of Financial Advice (FoFA) reforms. Earlier this month the Australian Securities and Investments Commission (ASIC) released Regulatory Guidance 246, its final guidance on conflicted remuneration, but elements
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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.
Regulation