The chair will take a hard line on DDO and crack down on scams, but his major concern is crypto misinformation. “My job is to be frank with the Australian people,” he said.
“Fragmented” service models for advice groups will soon coalesce into three distinct business models according to KPMG’s Future of wealth management report.
Loans caused small business owners the most grief in the past financial year, with the regulator watching closely the effects of rising interest rates.
The review will consider “the consequences of time lags between regulatory action and cost allocation”, the terms of reference states.
