Poor Financial Services Advice

Having represented a Foreign  Investor in the WestPoint Collapse and achieving a successful outcome, the following are some indicators of poor Advice: • The Adviser or Authorised Representative have failed to comply with the Financial Services Laws & Guidelines including breaches of the Corporations & ASIC Act. • The Advice was not suitable and appropriate to your financial circumstances. • Inadequate due diligence and research. • The Adviser held a vested interest in the a financial services product. • The advice was too risky for your financial circumstances? • The Adviser did not act in your best interest? • Unreasonable delays providing requested information. • There is a complex structure surrounding the financial service product.

What You Need To Consider

• Your Lifestyle? • Your Immediate Financial Needs? • Your Financial Objectives? • Who else financially depends on you? • What type of Plan do you want from the Adviser? • Are you concerned about the Advice? • Do you understand the Financial Structure surrounding the Advice? • Compare a few Advisers offering the same Product - How do they differ? For A Practical Guide To Financial Services Advice From ASIC - Press Here: