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: More understanding needed for high yield investments

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

LIF prompting life/risk consolidation

The new Life Insurance Framework (LIF) appears to be causing consolidation within the life/risk sector, with advisers acknowledging it will become inc...more

Ad-hoc contributions could exceed cap: Deloitte

A common mistake in the client-adviser relationship at end of financial year (EOFY), is that clients forget to tell their advisers of the ad-hoc contr...more

Female financial security linked to partner

Almost two-thirds of all women in a relationship do not hold any assets separately from their partner in their own name, indicating the role financial...more

Author

Comments

Add new comment