Senate debates

Thursday, 6 March 2014

Questions without Notice

Future of Financial Advice

3:06 pm

Photo of Arthur SinodinosArthur Sinodinos (NSW, Liberal Party, Assistant Treasurer) Share this | Hansard source

There will be annual compliance savings of around $190 million a year. The reason for that is that we will be removing excessive requirements, like an opt-in requirement where you have to opt in every two years, when at any time—

Opposition senators interjecting—

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