Financial Standard Comments - Research houses to blame for advice catastrophes: AIOFP The Association of Independently Owned Financial Professionals (AIOFP) said that research houses' conflicts of interest when rating products are one of the reasons behind the failure of some funds. https://www.financialstandard.com.au/feed/latest?story=40033858 Fri, 09 May 2014 14:02:56 +1000 Fri, 09 May 2014 14:02:56 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Stephen Dingjan (Life Risk Partners)

As a researcher our concerns about panels of researchers are how it might affect competition. There are very high barriers to entry now and a panel is another hurdle to jump before being able to compete for research contracts.

Quality of research requirements are necessary and perhaps a review of processes and methodology by an independent body might be more appropriate.

Other ideas such as where Licensees become shareholders of a researcher only whilst they use the research will help to align interests of researchers and advisers.

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]]> Stephen Dingjan (Life Risk Partners) Fri, 09 May 2014 14:02:56 +1000 Comment by Bob Burns (Retired Financial Planner) Agree 100% with this observation. The "Master - Servant" relationship with the Master being whose paying for the service is and has always been wrong. The suggested change would fix this & remove bias plus increase integrity of the system.

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]]> Bob Burns (Retired Financial Planner) Fri, 09 May 2014 15:59:51 +1000