Laws protecting clients from financial advisers saved

By Mark Kenny and Gareth Hutchens
July 16 2014 - 3:00am
Finance Minister Senator Mathias Cormann. Photo: Alex Ellinghausen
Finance Minister Senator Mathias Cormann. Photo: Alex Ellinghausen

The Abbott government has rescued its financial advice laws thanks to an eleventh-hour deal with the Palmer United Party, but the changes have drawn harsh criticism for increasing red tape and diminishing the rights of investors.

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