Stop pretending there's an answer to the conflicts issue

WSU's Michelle Cull, adviser Maurice Nistico and AFCA's June Smith
Debate about conflicted remuneration is a waste of time according to Nistico Sen adviser Maurice Nistico, and an unwelcome distraction for the industry.
The Adelaide adviser and Masters of Financial Planning student recently submitted a report arguing the industry should stop pretending there is an answer to the question of which form of remuneration advisers should be forced to employ.
All forms of remuneration have merits and all are flawed in some respect, Nistico says. As long as the clients’ best interest are adhered to, it’s up to the adviser to uncover the payment system that works best for their business and their clients.

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