The FAAA has congratulated MP Luke Howarth on his appointment as Shadow Assistant Treasurer and Shadow Minister for Financial Services.
The association’s CEO Sarah Abood says in a statement that this is “…a critically important portfolio at a time when more Australians than ever need access to high quality and affordable financial advice.”
She says the FAAA looks forward to engaging with the shadow minister “…on the many current regulatory matters in our space, including the Quality of Advice Review reforms, and addressing the escalating costs to provide financial advice.”
In announcing the appointment, the Leader of the Opposition, Peter Dutton, says that Howarth “…understands that small business is the backbone of the Australian economy,” noting he has previously run a family business before entering Parliament.
Dutton adds that Howarth will bring his “…strong command of retail economics to this important role.”
Please remind Mr Howarth that it was his mob that introduced LIF, FASEA and the ASIC Levy
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