Well the admin fees are clearly disclosed and are still some of the lowest in the country, so I sleep easily at night. You can put advice in quotations marks if you like, it doesn't change the fact that the people I speak to are getting personal financial advice.
70% of the people I speak to would not normally be on an adviser's ideal prospect list; you don't want to service them so what is the problem with someone else doing it? Your cynicism is counter-productive.
In order to give you the best site experience, we need to know what kind of investor you are. Please select the title that best describes you below.
Financial Advisers - Investment
Financial Advisers - SMSFs
Individual Investors with SMSFs
Financial Advisers - Insurance
Accountants and Solicitors
Financial Services Professional