Financial Advice Association boss Sarah Abood bags ASIC, joining Susie Barnett and ARITA’s John Winter
Financial planners have joined insolvency accountants in decrying the Australian Securities and Investments Commission’s chronic lack of action on tip offs about illegal activities.
Amid evidence of delays in ASIC tackling Ponzi and phoenix activities, the Financial Advice Association has complained to a Senate inquiry about concerns its reports can disappear into bureaucratic black holes.
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Financial planners have joined insolvency accountants in decrying the Australian Securities and Investments Commission’s chronic lack of action on tip offs about illegal activities.
Amid evidence of delays in ASIC tackling Ponzi and phoenix activities, the Financial Advice Association has complained to a Senate inquiry about concerns its reports can disappear into bureaucratic black holes.
Subscribers with digital access can view this article.
Already a subscriber?
