by Partners Planning | Aug 6, 2018 | Blog
According to the financial planning lobby, Australia’s largest banking institutions may be taking advantage of consumer confusion over the term “general advice” to sell products via staff that are not qualified advisers and have no legal requirement to put customers...
by Partners Planning | Aug 6, 2018 | Blog
It’s hard to believe the banks can keep a straight face and say they can abide by the duty for advisers to act absolutely in the best interests of a client. Under the integrated financial advice model, there are layers of different fees including adviser fees,...
by Partners Planning | Aug 6, 2018 | Blog
When ASIC conducted its detailed reviews between 2015 and 2017, it came as no surprise they found some damning results in relation to advice given by financial planners at our major banks. There is a requirement for advisers to act in their customers best interests...
by Partners Planning | Aug 6, 2018 | Blog
Next time a friendly bank staff insists on helping you with your money, consider this: 75% of the advice given to customers wasn’t in the clients best interests. This startling figure comes from a recent review of the financial advice offered from the big four banks...
by Partners Planning | Sep 1, 2017 | Blog, Featured
A step-by-step guide for Parents who are acting as Guarantors With today’s property prices, first home ownership is becoming harder and harder to achieve. Too often, we’re finding that parents want to help their children achieve their home ownership dreams, but are...
by Partners Planning | Sep 1, 2017 | Blog, Featured
Buying Life Insurance is no easy task. It raises a lot of uncertain questions that leave us wondering what we need to do to make it easier for our loved ones should anything unexpected occur. Here are the four most common mistakes that people make when buying life...
