Life Insurance Framework Reforms | Legal | imac legal & compliance

Location

1st Floor.

financial advisor article

Life Insurance Framework Reforms

Financial advisers needed to work collectively with their relevant industry associations if they wanted to lobby the government to reconsider its position on proposed reforms such as the Life Insurance Framework, a specialist law firm said yesterday.

Speaking to financial observer, imac legal & compliance principal and financial services lawyer Ian McDermott said while it might be wishful thinking that the new cabinet would change its position on proposed amendments, it would be far better for advisers who wanted to lobby for changes to do so through an aligned association rather than by individually writing letters to members of parliament.

Read the full article in Financial Observer

IMPORTANT:

Any advice on this website is general only and should not be relied on as a substitute for legal advice tailored to your situation. imac legal & compliance pty ltd trades as imac legal and as imac compliance. We will always let you know beforehand whether we are acting as a law firm or as a compliance consultancy (and not as a law firm) for a particular matter. You have several rights and protections under the law when we act as a law firm.

Liability limited by a scheme approved under Professional Standards Legislation when providing legal services.