Education reform, CSLR options and avoiding fund failures
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Education reform, CSLR options and avoiding fund failures
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About this listen
In this episode of the ifa Show, host Keith Ford speaks with FAAA general manager of policy, advocacy and standards Phil Anderson about the spate of consultations that the government is undertaking in the financial advice space.
Phil breaks down what is in the education reform proposal, the options put forward to deal with the Compensation Scheme of Last Resort (CSLR) cost blow out, as well as the potential action on superannuation switching and lead generation in the wake of the Shield and First Guardian scandal.
Tune in to hear:
- Why the FAAA supports more a flexible pathway for prospective financial advisers.
- What the CSLR consultation gets right – and what it gets wrong.
- Whether any of the potential changes to super and lead generation would have actually helped avoid a fund failure disaster.
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