Planners irritated by Govt delays

federal government financial planners

1 March 2010
| By By Benjamin Levy |

A number of financial planners have expressed irritation about the Federal Government's delay in releasing the Henry Tax Review.

At Perennial Investment's annual conference in Melbourne, assembled delegates were asked to vote on what they thought of the Government's decision to delay the release of the final Henry review recommendations, with more than half of the responses being openly critical of the decision.

Many of the respondents labelled the move 'irritating', 'annoying', 'stupid', or 'crap'. Other responses labelled the delay as 'typical' of the Federal Government.

In a later, unrelated question put to a vote during the conference, an overwhelming majority of delegates said they would prefer the Coalition be voted into office at the next election, despite more than 60 per cent of delegates believing that the Rudd Government would nevertheless be re-elected.

The Perennial Investment conference organisers expressed surprise after the vote at the number of delegates favouring a Coalition Government.

The final Henry report was expected to be released in late February for public consultation.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

21 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

5 days 2 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 3 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 5 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 days ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

3 days 3 hours ago