Initiative welcomed ASIC’s announcement last week advising they would be increasing the extent of their investigations into financial advice firms. ASIC have already announced it is reviewing NAB Wealth practices and will now extend this to other large financial institutions, including the big 4 banks. This follows after ASIC revealed they have identified multiple instances of financial advisers charging clients where financial advice was not provided.
At Initiative, you can rest assured knowing this practice is not condoned. Our financial advice is based solely on developing a ‘strategy’ for your situation that will allow you to achieve financial success. These strategies do not rely on any specific financial ‘product’. This ensures we provide unbiased advice tailored specifically for you. Our philosophy is simple…we want to make financial success easy for you.
Kim Jay CA – Director