By Adeline Teoh · 13 March 2009 · Locked
The Australian Securities and Investment Commission is taking a closer look at the financial advice industry. But what will they uncover?
The Australian Securities and Investment Commission (ASIC) will launch a shadow-shopping program in the 2009/10 financial year to review the methods of financial advisers. A shadow shop is an anonymous visit to an adviser to experience what an ordinary consumer would experience when seeking advice. David Whiteley, executive manager of Industry Super Network, says the […]
Tags: Asic, Australian Securities And Investment Commission, Consumer Protection, Financial Advice, Financial Advisers