Recent legislation requiring advisers who are not independent to advise clients of the fact is a welcome move. But does it go far enough?
Just because a financial planner’s business card doesn’t display the logo of a bank or insurance company doesn’t mean he or she is independent.
Finding a truly independent financial adviser is not easy, but don’t let that put you off. We’ve done the hard work for you.
Members of the Profession of Independent Financial Advisers (PIFA) talk about why it was critical for them to only provide independent financial advice, what changes when they become independent, and how it changes how they work with clients.
SuperGuide began tracking Australia’s independent financial advisers in 2010. We have always recognised that financial advice can add significant value to an individual or couple’s retirement plans, so long as it is truly independent, free from conflicts, and in the best interests of the clients.
Planning your future means making the decision not to let Lady Luck call the shots. Financial planning exists so you can actually experience the future you want to have. Clarity on what you want that future to look like is a pre-requisite.