754ee5d1__Financial_Advice__26_04_2010___PJC_Recommendation
[Rec] 2 Support in principle. ASIC is appropriately resourced to perform its functions. [PJC Recommendation] 
The committee recommends that the Government ensure ASIC is appropriately resourced to perform effective risk-based surveillance of the advice provided by licensees and their authorised representatives. ASIC should also conduct financial advice shadow shopping exercises annually.
Overhaul of Financial Advice [26/04/2010]
PJC Recommendation