An article recently published by Trish Power on her website, www.superguide.com.au, discusses how to spot an independent financial adviser.
Trish interviews Daniel Brammall, the president of the Independent Financial Advisers Association of Australia Limited (IFAAA), who explains exactly how to identify if your adviser is truely independent.
The definition of ‘independence’ when referring to financial advice according to the IFAAA - a genuinely independent financial adviser is one that does:
- NOT have any ownership links or affiliations with product manufacturers
- NOT receive commissions or incentive payments from product manufacturers
- NOT charge asset-based fees
Naturally we tick all the boxes.
To read the full article, click here
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