Banking royal commission told 90% of financial advisers ignored clients’ best interests | Australia news

Australia‚Äôs corporate regulator has revealed 90% of financial advisers who provide advice to self-managed super funds have failed to comply with the best interests of their clients. The startlingly high figure was revealed during the financial services royal commission on Monday, as the commission began its second round of hearings. …

Banking royal commission told that only 35pc of financial advisers have a relevant degree

Banking royal commission told that only 35pc of financial advisers have a relevant degree

Posted April 16, 2018 10:50:46 The financial services royal commission has been told that there has been a rapid increase in the number of financial advisers, but less than half of them have told the regulator they hold a relevant university degree. Senior counsel assisting the commission, Rowena Orr QC, …