Are there rules about financial advice?
Yes, in Australia there are strict rules governing the provision of advice. These are contained in the Financial Service Regulations (FSR).
These provisions prohibit conduct that is misleading, deceptive, and unconscionable in relation to the sale of financial products. A financial product adviser has a duty of care for their client and is legally obliged to exercise as much care as the circumstances require, and ensure the client is in no way misled.
At Industry Fund Financial Planning, we will always act in your best interests. This commitment includes our long-term practice of never accepting commissions.
Before we can tailor financial advice specifically for your needs and goals (often referred to as personal advice), we need to know more about you, your current financial situation and your goals.
Download a copy of our Financial Services Guide (FSG), which clearly outlines all the important information you need to know about our services.