Financial Standard Comments - NAB gives advisers 3 years to meet tougher standards National Australia Bank (NAB) and MLC financial planners have three years to meet the new education standards, which require advisers to hold tertiary qualifications. https://www.financialstandard.com.au/feed/latest?story=43112838 Mon, 25 Aug 2014 15:01:36 +1000 Mon, 25 Aug 2014 15:01:36 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Mitchell Fleming (Tortoise Financial) How does increasing the education requirements of advisers make advice more affordable for Australians? Last time I studied Economics, decreasing supply meant prices rose...ceterus Paribas.

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]]> Mitchell Fleming (Tortoise Financial) Mon, 25 Aug 2014 15:01:36 +1000 Comment by Peter Amiradaki (self employed CFP) Proper education is important in giving you the required skills to give good, efficient and professional advice. How it can be linked to the scandals is beyond me. That comes down to adviser ethics, the remuneration model of institutions giving advice and removing the link that gives an adviser for a product they flog. Education does not eliminate the potential for further scandals.

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]]> Peter Amiradaki (self employed CFP) Tue, 26 Aug 2014 13:49:52 +1000