Accountants rate high on ethics and honesty

12 May 2016
| By Malavika |
image
image
expand image

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.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND