Licensees’ futures are built on support for advisers
The debate is well and truly off and running over the best way to license financial planners as professionals, rather than as distributors for product manufacturers. A cover story in the current edition of Professional Planner and a discussion paper written by a former head of the NAB-owned Godfrey Pembroke group, Tom Reddacliff, focus on why the current licensing structure needs to be reviewed, at the very least, and probably fundamentally overhauled, as financial planning progresses inexorably towards becoming a profession.