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A personal message from Managing Director of Empire – Raymond Pecotic
A personal message from Managing Director of Empire – Raymond Pecotic 16 August 2018 Matthew Hughes What positive can we draw from the Royal Commission into Banking, Super and Financial Services? A great opportunity to really highlight the difference between good and bad advice! Avid news followers will probably be aware that a Royal Commission has been launched into the Banking, Superannuation and Financial Services Industries. There are however many who take a more passive approach to following the news, so I thought it best to share a bit of an update and our thoughts on the process so far. There were no doubt enough questions and concerns raised to justify such an investment of resources that a Royal Commission requires, and to date, the inquiry has not disappointed in highlighting many of these. The segment of enquiry into the financial advice space has so far revealed some examples of terrible advice, and many instances of not delivering on the service and value proposition that has been promised and paid for. While perhaps gobsmacking to the average consumer, to those working in professional advice firms competing with this segment of the market and the stereotypes they conj
What positive can we draw from the Royal Commission into Banking, Super and Financial Services?… Read Article