Comments on: Regulatory Changes Outlaw “Bundling” of Services with Advice https://www.amicusadvisory.com.au/regulatory-changes-outlaw-bundling-of-services-with-advice/ Independent Advisory Services Wed, 30 Jul 2025 04:53:10 +0000 hourly 1 https://wordpress.org/?v=6.8.2 By: Gaurav https://www.amicusadvisory.com.au/regulatory-changes-outlaw-bundling-of-services-with-advice/#comment-6 Wed, 19 Dec 2018 02:50:32 +0000 http://www.amicusadvisory.com.au/?p=642#comment-6 ASIC have continued to turn a blind eye to companies who claim their investment advisory business is ‘independent’ even though the conflicts of interest are easy to see from their product manufacturing/distributing divisions – the advisory business masquerades as a real business, luring potential clients in through a ‘race to the bottom’ for investment advisory fees, while the real money, both for the company and their employees, is made from the manufacturing/distributing side where commissions and platform fees are rife.

In the end, the client who accepts this cheap non-independent advice suffers, knowingly or not, through the poor advice that they receive.

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