Reader survey on FOFA challenge

financial planning FOFA financial planning industry money management financial advice

28 June 2011
| By Mike Taylor |
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Financial planning principal Brian Handley has suggested the Government’s Future of Financial Advice (FOFA) changes must be subjected to a legal challenge. Money Management would like to know what its readers think. Please complete the following short survey and e-mail your responses to [email protected]. 

1. Do you believe the major financial planning groups will be successful in negotiating a viable outcome on FOFA? 

(a) No, I believe the outcome will be unacceptable.

(b) Yes, but there will be some elements we will not like.

(c) Yes, I think the necessary compromises will be reached. 

2. Should the financial planning industry mount a legal challenge to FOFA, particularly opt-in? 

Yes/No 

3. Would you be prepared to contribute to funding for such challenge? 

Yes/No

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