Latest / Challenge the Standard in Financial Advice
S8E2 CSLR Consultation
We get serious this week. No guest. No banter about dentists or Jordan's latest grievance with... well, you know.
Just Nathan and Jordan, a Treasury consultation paper, and a genuine call to action for every financial adviser, business owner, PY, associate, paraplanner etc that'll listen.
The Compensation Scheme of Last Resort is broken. Not broken in a subtle, nuanced, needs-a-closer-look kind of way. Broken in a we-are-paying-for-other-people's-fraud-and-the-people-who-caused-it-are-on-a-golf-course kind of way.
Treasury has opened a consultation on reforming the CSLR, submissions close 22…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.