The financial advice profession needs more certainty on how the Australian Financial Complaints Authority will judge a complaint, says the Association of Financial Planners (AFA).
If the exam pass rate holds up there'll be 18,000 qualified advisers by the end of 2021, FASEA CEO Stephen Glenfield tells Professional Planner. With more students picking up advice than ever, he believes the industry is poised to thrive after the authority disbands on December 31.