Bell Potter warns retail investors will pay the price for 'heavy-handed' stockbroking test

Bell Potter warns retail investors will pay the price for ‘heavy-handed’ stockbroking test
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Prominent investment house Bell Potter has publicly attacked a new compliance test for financial advisers, claiming it is biased against stockbrokers, will lead to job losses and push up costs for retail investors.
The mandatory compliance exam written by the soon-to-be-defunct Financial Adviser Standards and Ethics Authority has sparked outrage within the broking community, with experienced professionals struggling to pass it. Three sources told
The Sydney Morning Herald and

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