conflicts of interest
Hayne’s benign take on the separation of product and advice left the door open for conflicts of interest in managed accounts to continue. Not everyone is convinced that this is a problem.
Tahn SharpeFebruary 13, 2019
The commissioner reached out to Sunita Sah for help on dealing with advice conflicts; she told him disclosure won’t work and neither will education or penalties.
Tahn SharpeNovember 13, 2018
The ability to prove rigorously that a product recommendation is in a client’s best interests does not currently sit within an adviser’s toolkit – that needs to change.
Matthew SmithOctober 3, 2018