Whats more alarming is that there are Industry Super Fund advisers out there employed by ISA that only recommend clients put their money in Industry Super Funds, without considering other funds or even a clients current fund. How can they effectively discharge their duties as adviser with this level of conflict and bias, especially when bank planners copped a roasting for doing this?!
is this true? do they have a special carve out rule for them? isn't this what banks got large fines for....
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