Onus on consumers to ask about commissions: SinodinosBY JAMES FERNYHOUGH | WEDNESDAY, 12 MAR 2014 12:45PMConsumers must take responsibility for finding out whether their financial adviser has a conflict of interest, according to Assistant Treasurer Arthur Sinodinos. Related News |
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Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
The industry is doing itself great harm if it follows Sinodinos down this cynical path.
There's a bit of gratuitous advice for the FA professionals in the industry because the 6 week trained, ex used car salespeople will do well for a year or two, they will then be driven out leaving it all in a shattered mess. Good luck.
Great to see the Honourable Member has removed the cause of the Financial Industry's involuntary shock under the previous govt legislation. Buyer beware is a tried and tested truism that can be relied on as a guaranteed source of income. Combine that with self regulation and weak enforcement by regulators and it's business as usual.