Assistant Treasurer Stephen Jones is keen to stress that the government’s reform of financial advice laws will be guided by the interests of “workers”.
“We are not doing this for institutions; we are not doing this for advisers; we are not doing this for superannuation funds,” he says.
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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com