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Why would you dump a requirement for financial advisers to give advice that's in their client's best interests?

Written by Ama Samarasinghe, Lecturer, RMIT University

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The findings about advisers in the landmark 2019 financial services royal commission couldn’t have been more stark.

Time after time financial advisers were found to have:

lacked skill and judgement
proposed actions that benefited the adviser
been unwilling to find out whether poor advice had been given
been unwilling to take timely...

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