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Investors Expect More FX Volatility, Trading Volume

Existing clients the missing voice in advice regulation

“We also see it in the very high levels of criticism of financial advisers about the way they run their businesses. Those complaints are not coming from existing advisers. In fact, Michael spoke earlier on about the number of complaints against financial advisers that end up at AFCA [Australian Financial Complaints Authority]. It was 900 in the last 12 months. They are not expressing the same level of concern through those processes that the activist consumer groups make. “So, we are emphasising the fact that there needs to be a better way to hear from existing clients, not those people who tend to speak more on behalf of those who don t get advice.

MP calls for royal commission laws to be scrapped

MP calls for royal commission laws to be scrapped
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