
- Written by Marita Wall
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Gaping hole in the AFCA Act
There is a glaring omission in the AFCA Act that allows financial advisers to avoid the new jurisdiction. Currently, if a person is unhappy about financial advice they have received (including advice about super), they can lodge a complaint against the adviser with FOS. However, that gate will be closed from 1 November 2018, as AFCA…
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