Have you been let down on fee transparency?

‘Transparency’ has become a hot topic in financial services since the EU’s Markets in Financial Instruments Directive (MiFID II), ASIC’s RG97 reforms and, of course, the Royal Commission. But what actually is it? Can we distinguish between compliant disclosure and “true transparency”? In this video, Allan Gray’s J.D. de Lange talks to Vanessa about this very issue.

 

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The opinions, advice, or views expressed in this content are those of the author or the presenter alone and do not represent the opinions, advice or views of No More Practice Education Pty Ltd. Our contents are prepared by our own staff and third parties who are responsible for their own contents. Any advice in this content is general advice only without reference to your financial objectives, situation or needs. You should consider any general advice considering these matters and relevant product disclosure statements. You should also obtain your own independent advice before making financial decisions. Please also refer to our FSG available here: http://www.nmpeducation.com.au/financial-services-guide/.

Are your clients paying too much to invest?

One of the key tenets of any financial planning business is how to deliver the best and most cost-effective advice service to its clients, which is why it’s crucial to be aware of new models aimed at assisting advisers in doing just that.