Vertical integration banks on you ceding independent advice

By David Potts
Updated November 4 2014 - 10:18am, first published September 24 2014 - 12:15am
We're left with a system that must pay lip service to what's in your best interests but is still potentially compromised.
We're left with a system that must pay lip service to what's in your best interests but is still potentially compromised.
Wind change: Labor's  financial planning reforms fell well short of solving the problem of dud or self-serving advice.
Wind change: Labor's financial planning reforms fell well short of solving the problem of dud or self-serving advice.
Wind change: Labor's  financial planning reforms fell well short of solving the problem of dud or self-serving advice.
Wind change: Labor's financial planning reforms fell well short of solving the problem of dud or self-serving advice.
Wind change: Labor's  financial planning reforms fell well short of solving the problem of dud or self-serving advice.
Wind change: Labor's financial planning reforms fell well short of solving the problem of dud or self-serving advice.

There's a list of 164 failed or frozen managed funds in one of the submissions to the banking inquiry.

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