Price: $78.99
This book offers an in-depth examination of the validity of the present Australian Financial Services Licensee-Authorised Representative (AFSL-AR) licensing model, as outlined in the Commonwealth Corporations Act 2001. Addressing the limited scholarly focus on this topic, the book introduces a fresh, conceptual framework for the financial planning field. It incorporates key theories on agency, legislation, legitimacy, and independent regulatory regimes from various professions. Furthermore, it integrates this framework with financial planning theory to scrutinize the legitimacy — or rather, the discovered illegitimacy — of licensing advisers through multiple third-party, commercially-oriented licensees with potential conflicts of interest. This book serves as an insightful resource for better understanding the financial planning licensing model in Australia.