in reality it is a salaried based tied agency force. Therefore Link Advisers paid from all the member admin fees of Australian Super wont be recommending HostPlus or REST, for example. This is salesmanship worse than we ever saw under the old AMP or National Mutual tied agency arrangements. This is AMP round 2, on steroids. And the real independent non-aligned advisers have been hung out to dry by ASIC, which is allowing this tied agency system to even exist. Just appalling. Their inhouse advisers are being paid fortnightly incentives to sell product for the firm they are employed by. They are not looking for the lowest cost fund, for example.
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