1. The Financial Services Industry
... can ask to have their contract changed so that they can better meet their repayments. In 2012, the Future of Financial Advice package Legislation was passed by the federal government , which provides greater protection for investors by tightening up on the: duties and commission payments of financial planners and types of products they are allowed to recommend to customers. FoFa requires financial advisers to send a renewable ... in Australia and giving the Minister reports and advice on that process. The Australian Competition and Consumer Commission (ACCC) is an independent Commonweal...
- Word Count: 1272
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate