‘Stupid’ advice regime has huge mental health cost

A cross-section of finance professionals has joined together to condemn the adviser licensing rules as “stupid” and responsible for a mental health crisis among their members.

‘Stupid’ advice regime has huge mental health cost

In a rare show of unity, leaders from across the industry said the AFSL regime was causing an exodus of advisers, preventing cost-effective advice to clients and stressing their members to breaking point.

Read more at Accountants Daily

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