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A last resort for consumers, the end of the road for licensees

A compensation scheme of last resort really should be that – a last resort – but some financial advisers have always had trouble understanding what that means. The re-introduction of the bill spells it out. ....

Stephen Jones , Financial Services , Hayne Royal Commission , Australian Financial Complaints Authority , Buyer Of Last Resort , Compensation Scheme , Last Resort , Financial System , External Dispute Resolution , Complaints Framework , Hayne Royal , Treasury Laws Amendment , Financial Services Compensation Scheme , Financial Services Minister Stephen Jones , Managed Investment ,