ASIC

It is time for a change. As a regulator of the industry, ASIC has been a failure. It is time that the advice giving part of the industry had its own regulator. ASIC is too big, has too many responsibilities and most importantly, does not understand the industry it regulates. Worse than that in fact, it has negative views toward the financial planning industry. The industry deserves better.

POSTED: 22-Sep-2009