{"id":189,"date":"2017-08-11T22:22:49","date_gmt":"2017-08-11T20:22:49","guid":{"rendered":"http:\/\/e-merald.com\/themes\/annuity-wp\/?page_id=189"},"modified":"2017-08-12T08:50:56","modified_gmt":"2017-08-12T06:50:56","slug":"our-difference","status":"publish","type":"page","link":"https:\/\/e-merald.com\/themes\/annuity-wp\/about-us\/our-difference\/","title":{"rendered":"Our Difference"},"content":{"rendered":"\n\t\t\n\t\t
\n\t\t\t
<\/div>\n\n\t\t\t
\n\n
\n\n\n
\n

Independent advice gives you more than you may think.<\/strong><\/p>\n

The vast majority of financial providers in Australia who insinuate they are independent \u2014 are not. Use of the term \"independent\" is restricted by the Corporations Act and means that an adviser doesn't have their own products to sell and doesn't receive any commissions or volume based payments.<\/p>\n

In order to give financial advice in Australia, you need to have a licence from the Australian Securities and Investments Commission (ASIC)<\/strong>. Most advisers lack the skills or knowledge to obtain a licence themselves and so they align themselves with a bank or other financial institution that already has a licence. Unfortunately, in doing so, they have taken the easy option but sacrificed their independence. They give over control to the bank to decide which investments they are allowed to recommend.<\/p>\n\n<\/div>\n\n<\/div><\/div>\n\n\t\t\t<\/div> \n\n\t\t<\/div>\n\t\t\n\n\t\t\n\t\t

\n\t\t\t
<\/div>\n\n\t\t\t
\n\n
\n\n\n
\n\t\t\t\t\t\r\n\t\t\t\t\t
\r\n\t\t\t\t\t\t\"Graphs\"\n\t\t\t\t\t<\/figure>\r\n\t\t\t\t\t\r\n\t\t\t\t<\/div>\n\n<\/div>
\n\n\n
\n

In Australia, there are around 18,000 financial advisers<\/span>. Yet some statistics in recent years are that:<\/strong><\/p>\n