Breaking down the FSC's policy proposals

In this episode of The ifa Show, host Alex Burke speaks with Blake Briggs, chief executive of the Financial Services Council, about proposals put forward in professional body's recent white paper of the future of advice licensing.  Blake explains the rationale behind the proposals aimed at making advice more sustainable, as well as addressing the industry's response to the $25,000 levy for each Australian Financial Services licensee as proposed by the FSC.  Listen as they discuss:  What measures could be put in place to enhance compliance and reduce the CSLR costs.  How the influx in capital is driving consolidation across advice.  Why it's important for professional associations to work together on advocacy initiatives.