Senate debates

Monday, 10 February 2020

Bills

Treasury Laws Amendment (2018 Measures No. 2) Bill 2019; In Committee

9:32 pm

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) Share this | Hansard source

Well, the good news is that those products are going to be listed on the website, thanks to Senator Lambie. Can I just remind you that advisers are still going to be subject to the best-interest duty? They will still be subject to the FASEA Code of Ethics and they are still subject to the design and distribution obligations in ASIC, the product intervention powers at ASIC and all disclosure requirements.

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