News

Low-end investors missing out on advice

Thursday 20th of December 2012

The FMA’s AFA Report, released this week, said advisers surveyed expressed “genuine concern” around access to advice for the small to middle end of the investor market.

“Many advisers want to be able to provide a streamlined or ‘simplified’ advice model to lower value clients, or for simpler transactions, without the full compliance burden and fee scale of a full personalised advice or i...

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