Submission: Affordable Advice

Submissions are due on 18 January 2021, and since I like writing submissions this one will be submitted before the due date.

20-285MR ASIC consults on promoting access to affordable advice for consumers | ASIC – Australian Securities and Investments Commission

Submission outline:

  1. Some background on where free or affordable advice can be found, ie from politicians, not for profits, asset consultants, financial coaches and the media.
  2. The steps to provide just one piece of regulated advice that’s covered by legislation, regulators, AFCA and PI insurers.
  3. What it costs to provide regulated advice and challenge the government to change the laws.

Please join me in writing a submission.

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