July 10 – Trevor Thompson

This was also in the Coalition policy release. The committe it refers to is the Ripoll committee which started the FOFA review in 2009. This isnt coalition blurb, this was a quote from Ripoll.

“The committee is of the general view that situations where investors lose their entire savings because of poor financial advice
are more often a problem of enforcing existing regulations, rather than being due to regulatory inadequacy. Where financial
advisers are operating outside regulatory parameters, th
e consequences of those actions should not necessarily be attributed to the content of the regulation”

By Trevor Thompson. 
CFP DipFP

SENIOR PARTNER