April 16, 2019
Following the May 18 Federal Election, which Government will deliver a better financial services industry for advisers and consumers?
- A returned Coalition Government (77%)
- It doesn't make any difference (15%)
- A new Labor Government (4%)
- Not sure (3%)
With confirmation of a Federal Election to be held in May, we’re keen for your feedback about what would be the best election outcome for advisers and consumers.
We asked you exactly the same question three years ago, in the lead-up to the 2016 election, which delivered the following result:
The industry has undergone more significant change during the term of the present Government, not least of which has been the fact of the Banking Royal Commission and its aftermath, which is still playing out.
Does this mean, though, that the results of our current poll will be significantly changed from the 2016 outcome?
This is a rare moment in time, where the two main political parties – in the lead-up to an election – have documented opposing policies regarding adviser remuneration, specifically life insurance commissions (see: Labor Reaffirms Position on Future of Risk Commissions).
What’s your take on which Government will deliver a better outcome for advisers and consumers? We appreciate one prevailing attitude may reflect disenchantment with both the major political parties’ approach to financial and advice sector issues and reforms.
But if you had to make a choice, which of the two main parties would get your vote – at least on the issue we’re considering in this poll.
Tell us what you think and we’ll report back next week…