Oct 28, 2003 (Independent Financial Adviser - ABIX via COMTEX)
The financial planning profession in Australia is well regulated. It is a world-class profession and it is continually improving. It is overseen by the respected Financial Planning Association (FPA), which helps to ensure that professional standards are met. The FPA's recommendations to improve the profession have been laid out in the Financial Services Reform Act legislation. This has ensured that the regulation of advice is kept separate from market activities. The new licensing system should ensure ...