Koch buys into Adviser Ratings

Channel 7 personality and former financial services journalist, David Koch has picked up a stake in Adviser Ratings.

Adviser Ratings announced the Koch involvement in a statement issued today.

The statement quoted Koch as saying that, "over the last few years, the financial planning industry has faced a torrid time, plagued by numerous financial planning scandals. Adviser Ratings is an important initiative to rebuild consumer confidence in the industry".

Related News: ASIC bans NSW property spruiker

Koch said he would be involved in an Adviser Ratings' foray into the financial literacy space and educating consumers about how to maximise the benefits of using a financial adviser and investment.

Koch was a founder of Money Management.

Related Content

Gold, silver and bronze recommendations: AMP Capital

With the Rio Olympics kicking off this week, AMP Capital has revealed what gold, silver and bronze investment opportunities are available amid the all...more

VicSuper creates distribution channel role

Superannuation fund, VicSuper, has created a new position aimed at optimising its distribution channels.The fund announced this week it had appointed ...more

Active funds underperform: Stockspot

The great debate between active versus passive funds had strengthened, as 77 per cent of Australian active managed funds had underperformed against th...more



Add new comment