Financial Standard Comments - Sam Henderson attempts to set record straight Former financial adviser and TV show host Sam Henderson has spoken out for the first time since his Royal Commission appearance and subsequent ASIC ban, taking to the XY Adviser podcast to describe the impact events of the last 18 months have had on his life. https://www.financialstandard.com.au/feed/latest?story=151267227 Mon, 16 Dec 2019 09:15:12 +1100 Mon, 16 Dec 2019 09:15:12 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Adam P (HDFS)

So did Sam find the mistake of the Deferred benefit or did the client tell him the issue ?

That's the clincher as he would have proceeded with the advice without the mistake being found. So who found it ? Or the client would have lost $500k.

As for moving the retirement risk from the Govt guarantee with next to zero fees to a SMSF with full client risk and lots more fees. Mmmmmmm not something I'd back for advice unless some specific circumstances why the Govt guaranteed income wasn't the best option. Ballsy move I'd think.

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]]> Adam P (HDFS) Mon, 16 Dec 2019 09:15:12 +1100