The government wants to create a new class of financial adviser for super fund members. Here’s why – and how it might work
- Written by Di Johnson, Senior Lecturer, Griffith University
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This week, the government announced details of planned reforms to allow more Australians to access free or low-cost financial advice through their super funds or advice firms.
The reforms will create a new class of financial adviser, who will only need a diploma. They’ll be allowed to provide personalised advice on a...