The new UK discount rate puts Australia to shame.

Mandatory ethical standards are the key to ensuring the future of a thriving, growing advice profession, serving more and more Australians in the public interest. People need advice they can trust. The path forward is ensuring trustworthiness.

All financial advisers currently licensed to provide financial advice must be listed on the Financial Advisers Register, which is published on the Moneysmart website and is managed by ASIC. The register gives consumers a quick and easy way to check that a person is currently authorised to provide financial advice.

Independent financial advice is impartial guidance about your money, free from conflicts of interest. It focuses solely on what's best for you.

Andrew and I started Aeran nine years ago to make a difference for families needing quality independent financial advice following tragic events, particularly serious and catastrophic injuries. We never expected to experience such an event ourselves.

In March 2024, the Commonwealth and seven jurisdictions agreed to respond to joint recommendations of the Disability Royal Commission final report by mid-2024. Personal injury lawyers and those working with injured Australians will be watching closely to see what is said on the issue of substitute financial decision-making.

Having and maintaining the right workplace culture at Aeran is vital to maintain our high level of client care. We continually strive to learn about and implement best practice - so that we can fulfil our mission, which is not only to help personal injury clients and lawyers, but also to create a good place to work.

Converting lump sum personal injury compensation into a flexible tax-free income stream is possible in some circumstances, but a 90-day time limit applies. Don’t delay in obtaining specialist financial advice.