Turns out the word "independent" is highly contentious and the regulator has strict designs on what can and can't be said when we as professionals decide to call something, or ourselves "independent". Michelle Griffiths from TAG Financial returns to our microphone to work through these definitions and understand the difference between independent advice and holistic advice. We also chime in with our discussion around "general" advice juxtaposed to "personal" advice, the differences are subtle at all, and as investors and those with interest in money, knowing those differences is important, both ethically and professionally.
@FMRNB
@Radio Northern Beaches