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AFA chief blasts advocacy group s baseless claims

AFA chief blasts advocacy group’s ‘baseless claims’ AFA chief blasts advocacy group’s ‘baseless claims’ The head of the AFA has slammed a consumer finance advocacy group for its lack of understanding of the advice industry, questioning why the organisation was handed more than a million dollars in government funding for the coming financial year. A A In a LinkedIn post on Friday, AFA acting chief executive Phil Anderson said recent comments made by Labor senator Jenny McAllister in Parliament around “shonky advisers” – which the association has said amount to vilification of practitioners in the industry – had come directly as a result of a recent submission from advocacy group Super Consumers Australia.

Explained: What the Your Future, Your Super changes mean

Minister for Superannuation, Financial Services and the Digital Economy Jane Hume. Source: AAP/Mick Tsikas. The Morrison government has passed its controversial Your Future, Your Super bill through Parliament after winning the support of Jacqui Lambie, Pauline Hanson and Stirling Griff. The bill’s passage through the upper house on Thursday marked the end of a difficult few weeks of negotiations for the Coalition, which requires the support of crossbenchers in both houses to pass legislation. Former Liberal MP Craig Kelly had described an earlier version of the bill as contrary to Liberal Party values and other independent MPs had also voiced serious concerns about it.

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