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Hard sell to return if advice laws change

Date February 21, 2014 John Collett Personal finance editor

Plans to dilute Labor's financial advice reforms would see clients face a whole batch of reborn commission charges, plus the return of the sort of hard-sell tactics that lead to disasters such as the collapse of Storm Financial.

For more on why diluting the FOFA reforms is bad for consumers, read BusinessDay in tomorrow's Age and Sydney Morning Herald.

Industry Super Australia has identified 10 commissions that will return if the government gets its way on proposed amendments to new financial advice laws.

Read more: http://www.theage.com.au/money/super-and-funds/hard-sell-to-return-if-advice-laws-change-20140221-3364j.html#ixzz2uB5pW0gY

Cheers,