Affordable and Accessible Advice: FSC Green Paper on Financial Advice

FINSIA welcomes the opportunity to submit comments and feedback on the Financial Services Council ‘Affordable and Accessible Advice: FSC Green Paper on Financial Advice’ (Green Paper). Broadly speaking, FINSIA agrees with the proposals put forward in the Green Paper and believe them to be comprehensive and substantial in addressing the problems we are trying to solve regarding complex regulation, escalating costs of operating advice businesses with increased regulatory requirements, and future policy reform.