It is now illegal to remain silent about your independenceBY DANIEL BRAMMALL | FRIDAY, 7 MAY 2021 8:11AMFor over 20 years it has been illegal for financial planners to use the terms 'independent', 'impartial' or 'unbiased' to describe their services without meeting stringent requirements ... Upgrade your subscription to access this article
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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.
DB, most are tired of your position on Asset fees, it is the view of most that any payment made from the client to the Adviser to align objectives is NOT conflicted! Surely you don't want Advisers operating like the legal fraternity who are hated for their conflicted conduct? Until they change the parameters of s923a the question of independence is problematic...