In this episode of the ifa Show, WealthO2 managing director Shannon Bernasconi and chief distribution officer Andrew Whelan join host Sarah Kendell to discuss the latest developments in the platform s
The weight loss industry has evolved in a long-term business relation, as such, in 2020, the market value in the US contracted to $71 bn. In the early 2000, it was estimated that 1 in 4 people in developed countries were obese. Now that number skyrocketed to 2 in 3 people being obese or severely overweight. The baseline of countries included in the statistic.
What’s on the agenda for the industry’s legal overhaul
What’s on the agenda for the industry’s legal overhaul
In addition to questioning whether the much-despised safe harbour test should be scrapped, the Australian Law Reform Commission has flagged streamlining much of the tangled web of legislative instruments and provisions that make up the
Corporations Act as top of its agenda for reforming industry regulation.
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The commission, which has heard from more than 100 industry participants so far in its initial inquiry into the corporations and financial services legislation, has said overly prescriptive approaches, complex amendments and definitions and inconsistencies in different provider obligations are key features making the current framework almost impossible to navigate.