Financial advisory system neutered by compliance measures

By Noel Whittaker: Money
February 23 2022 - 2:00pm
The federal government has effectively neutered the financial advisory system with a range of well-meaning but totally ineffective compliance measures. Picture: Shutterstock.
The federal government has effectively neutered the financial advisory system with a range of well-meaning but totally ineffective compliance measures. Picture: Shutterstock.

There is no question that interest rates are on the way up. But the most realistic estimates are a maximum rise of 1.5 per cent over the next two years, which does little to assist retirees who are unwilling or unable to take advantage of the returns offered by superannuation.

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