Claims financial planning professionalism undermined by BOLR contracts
Amid moves to address perceived conflicts of interest in the financial planning industry, questions have been raised about BOLR arrangements. Meanwhile, recent comments by Bill Shorten that amounted to a Government endorsement could see a return to favour for reverse mortgages. This and more in the latest online edition of Money Management.
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The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
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Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
