QAR and Good Advice
QAR, “Good Advice” and the “Statutory Best Interests Duty”: Handle with care Financial Services Reform. Future of Financial Advice. FASEA Code of Ethics. Quality of Advice Review. The pattern continues. First, the industry needed statutory reform. Then further reform was needed because advisers allegedly caused the heavy losses sustained by superannuitants and retirees during the […]
In Defence of Financial Planners
Say what now? Defence of financial planners? But aren’t they evil bankers and salespeople? Didn’t we just conclude a Royal Commission into their misconduct? Isn’t ASIC banning them left, right and centre? What’s to defend? It hasn’t been an easy last 12 years or so for financial planners. The last 12 months have beenparticularly excruciating. […]