Tax advisers are more likely to act as 'tax exploiters' for wealthy clients but 'tax enforcers' for the rest of us.
Establishing a long-term relationship with a financial planner can help to reduce fraud within the community, finds a UNSW Business School study.
The system to rank financial advisers would help consumers avoid the high cost of bad advice, says UNSW Business School Professor Jerry Parwada.
A crucial phase of the financial adviser-client relationship remains unregulated by both the Coalition’s and Labor's version of FOFA and continues to represent a risk for consumers, UNSW research shows.
Are financial advisors under a Coalition government about to win even more freedom in the way they are remunerated, ask Dimity Kingsford Smith and Viroshan Poologasundram.