1. The Financial Services Industry
... consumers if they get into difficulty with their credit. For example, if one loses their job or are sick, they 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 notice to their customers every two years. This ...
- Word Count: 1272
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate