External Ratings Committee formed to ensure transparency in the financial services sector

By Rebecca Thacker · 4 March 2019 · Locked

External Ratings Committee formed to ensure transparency in the financial services sector

Big Change for Financial Services: New Committee Formed

In response to the Royal Commission, a game-changing committee has been established to bring transparency to the financial sector. But what does this mean for consumers and the future of financial advice?

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Summary

An external governance committee has been formed in response to the Royal Commission to ensure transparency in the financial services sector. The industry-led initiative will oversee a new rating system on financial advice licensees to help consumers make informed decisions. According to Australia’s only independent rating service of financial advisers, Adviser Ratings, the establishment of […]

Tags: External Ratings Committee, Finance, Royal Commission