Koch buys into Adviser Ratings

Channel 7 personality and former financial services journalist, David Koch has picked up a stake in Adviser Ratings.

Adviser Ratings announced the Koch involvement in a statement issued today.

The statement quoted Koch as saying that, "over the last few years, the financial planning industry has faced a torrid time, plagued by numerous financial planning scandals. Adviser Ratings is an important initiative to rebuild consumer confidence in the industry".

Related News:

Koch said he would be involved in an Adviser Ratings' foray into the financial literacy space and educating consumers about how to maximise the benefits of using a financial adviser and investment.

Koch was a founder of Money Management.

Related Content

CBA faces further advice compensation

The Commonwealth Bank (CBA) is facing further financial advice compensation issues, undertaking to review all advice given to customers by five former...more

CBA defends its advice compensation processes

The Commonwealth Bank is defending its processes in reviewing and remediating the clients of a further five former advisers identified by the Australi...more

10% of advice of significant concern to ASIC

Ten per cent of advice files sampled by the Australian Securities and Investments Commission (ASIC) as part of its focus on the four big banks and AMP...more



Add new comment