Tag: legislation

In September last year, the Australian government fixed a glaring anomaly in the country’s laws, under which Australia had embarrassingly fallen short of global standards in fighting financial crime.

It was assumed by industry that a glaring gaffe in the government’s draft legislation, which forces super funds to assess every piece of advice before deducting advice fees, would be amended in the final bill.

The advisers taking advantage of the government’s decision to provide a free pass on education would do well to remember that future governments might not be so generous, writes Helen Nan.