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Banking royal commission told 90% of financial advisers ignored clients' best interests

umbertino

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Inquiry also told that just 35% of all financial advisers have a degree at bachelor level or above

 

 

Mon 16 Apr 2018 10.29 BST

Gareth Hutchens

 

 

 

 

4928.jpg?w=700&q=55&auto=format&usm=12&fit=max&s=73b55af610af4b577c7a9f9c9f7f8f8d
The deputy chair of the Australian Securities and Investments Commission, Peter Kell, told the banking royal commission that Asic did not believe the financial advice industry was a ‘profession’.
Photograph: Mick Tsikas/AAP
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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