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After the Hayne Royal Commission many advisers decided to steer away from large dealer groups in favour of becoming self-licensed. In the last six months, however, that trend has taken an abrupt turn.
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While known for being the flagbearer for financial product providers, the Financial Services Council is now making serious inroads into the financial advice sector.
The path to recovery
A c c o r d i n g t o g l o b a l a s s e t m a n a g e r F r a n k l i n T e m p l e t o n t h e r e i s n o h i s t o r i c a l c o m p a r i s o n f o r t h e m a g n i t u d e o f a g g r e g a t e d e m a n d t h a t i s c u r r e n t l y b e i n g d e s t r o y e d . S o h o w d o w e r e c o v e r ? T h r o u g h a c o m b i n a t i o n o f c o - o r d i n a t e d p o l i c y r e s p o n s e s a n d C h i n a l i k e l y l e a d i n g t h e w a y .
