National Australia Bank’s MLC has emerged as the bank with the highest minimum standard, with the bank set to require financial planners to have a university degree and hold a Certified Financial Planner (CFP) accreditation by 2017.
Earlier this month the Financial Services Council released its CEO Survey Report, which revealed trust had emerged as the second most important issue for chief executives in the sector.
Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.
The big four banks and AMP have all moved to ramp up their minimum education levels for financial planners following a significant deterioration in public trust.
Read more here: Business Spectator