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
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