AIOFP take on the VOICE referendum and its implications

The CEO of the AIOFP, Peter Johnston, issues a take on the VOICE referendum and its implications for the future for those involved in the “sale of advice” profession.

Hi, the politically disastrous VOICE outcome for the ALBANESE Government and in particular the Prime Minister personally has thrown the 2025 Federal Election into disarray with Opposition Leader Peter Dutton a major political beneficiary.

This is a great outcome for the Advice industry, both major parties are predicted to be entering the ‘re – election’ mode shortly providing the very best environment to negotiate our desired outcomes.

This is generally the only time when Politicians will listen when their seat is on the line… nothing like self – interest to sharpen their focus.

Below is an email sent to all Politicians reminding them of the poor role Institutions have played in Advice focussing on the recent MLC/NAB $165 million fee for no service scandal in the Courts. Our objective is to educate all Politicians on the facts with our industry which should assist the passage of amended legislation proposals.

You may recall our 2020 Conference in the Hunter Valley when then Shadow Spokesperson Stephen Jones announced the 10 – year Education Pathway proposal which was immediately matched by Minister Hume and is now legislation.

3 years later we are in Canberra for our conference at a similar time frame in the Electoral cycle with our list of demands, we need a big roll up of members to assist the cause and our endeavours.

Numbers is the only game Politicians are interested in for the next 18 months… we need your support at the event, please consider attending if you are still contemplating.


Peter Johnston | Executive Director
Association of Independently Owned Financial Professionals
Suite 1211, 1 Queens Road, Melbourne VIC 3004
P 1800 111 203, d 03 9863 7574, m 0418 857 621 | Download my business card

This message is presented as a service to our community. Knowledgemaster International (KMI) or its owners and employees are not a member of any group associated with the “sale of advice” profession, any regulatory bodies, product manufacturers or hold or supply any consultancies to any government instrumentalities or lobby groups. Any actions or inactions taken as a result of reading this message are the sole responsibility of the reader.