FoFA has been hijacked!BY MARSHALL BRENTNALL | VOLUME 9, ISSUE 1What's wrong with the Future of Financial Advice (FoFA) reforms is that they have been hijacked. That's right FoFA has been hijacked! I feel like a load has been lifted ... Get articles like this delivered to your email - Sign up for the free weekly newsletter More Articles |
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Cover Story
Passing the baton
LIAM ROCHE
ADVICE ASSOCIATE
EUREKA WHITTAKER MACNAUGHT PTY LTD
ADVICE ASSOCIATE
EUREKA WHITTAKER MACNAUGHT PTY LTD
Liam Roche's experience in customer relationships and paraplanning has set him up for success as a financial adviser. Now undertaking the Professional Year, the advice associate at Eureka Whittaker Macnaught tells Karren Vergara how a new breed of advisers is flying the flag.
I am not sure the analogy with DJ employees works very well. To my knowledge a DJ employee has no obligation to act in a punter's best interest. Some one offering general advice has that obligation. It seems hard to reconcile that obligation with product selling KPI.
I am not sure the analogy with DJ employees works very well. To my knowledge a DJ employee has no obligation to act in a punter's best interest. Some one offering general advice has that obligation. It seems hard to reconcile that obligation with product selling KPI.