Accountants rate high on ethics and honesty
The image of financial planners for ethics and honesty continues to remain low with only 27 per cent of the population rating them as high or very high, but it is up three percentage points from last year, Roy Morgan research showed.
The survey of 655 Australians aged 14 and over showed that accountants' ratings had shot up six percentage points from last year, rating 51 per cent.
Bank managers stood at 30 per cent, down four per cent from last year and 13 per cent from 2014, and well below their rating in 1988 of 54 per cent. It was also the lowest since 2002 when it was at a record low of 29 per cent.
Respondents were asked to rate 30 professions for ethics and honesty from very high, high, average, low or very low.
AUTHOR
Malavika Santhebennur
Recommended for you
The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted.
After seven weeks of strong growth, Wealth Data analysis shows financial adviser gains are now tapering off and returning to a regular pace.
Count chief executive Hugh Humphrey has said FY25 was a “milestone year” for the business as it completed its Diverger integration, exceeding targets with $5.1 million in cost synergies.
US wealth manager Focus Financial Partners, which includes Australia’s Escala Partners, has appointed a chief strategy officer to fuel further Australian growth.
