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Submitted by Steve on Wed, 07/24/2019 - 09:15

The solution is to make it mandatory for any super fund to pay a client invoice (on demand), when issued by an ASIC approved financial adviser. It should be illegal for certain industry super funds to deny advice payment. Fortunately a few allow it, but it should be made mandatory for all funds to pay an adviser's invoice on demand. Tied agency arrangements should be banned. The current environment with Industry funds is looking very much like the old AMP tied agency days.

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