All Aeran advisers are members of the Financial Planning Association of Australia, now combined with the Association of Financial Advisers and re-named the Financial Advice Association of Australia (FAAA).
We stay up to date and take a great interest in the ongoing reforms to improve the quality of financial advice delivered in Australia.
We are proud of being independent, and remain of the view that ideally all financial advice should be impartial, unbiased, without any potential for conflict of interest and solely with the client’s best interests at heart.
Unfortunately, not many advisers in Australia are independent. Indeed, a big problem across the country is that there are not many qualified financial advisers at all.
This is a problem currently being considered by the Federal Government in response to the Quality of Advice Review, which was released on 8 February 2022.
More Australians need more advice, but with fewer qualified advisers available to fill that need, what changes can be made?
No one wants to see a return to the bad old days and the problems highlighted in the 2017-2019 Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
Financial Services Minister Stephen Jones has been and continues to consult widely. We hope he gets the balance right.
In the meantime, Aeran proudly provides independent advice of the highest quality to our clients.