Archive for May, 2013

The true cost of financial products and advice – you could still pay commissions

Written by multiforte on . Posted in News

By now you will probably have heard about the reforms to the financial planning industry under the federal government’s Future of Financial Advice Act – known as FoFA – that commence 1 July this year.

It would be reasonable to believe that the conflicted advice issues that have existed for many years in the financial advice industry are fixed. Problem is, they’re not.