Market Matters to fulfil best interest duty

The transparency of a new investment information service may make it a suitable tool for financial advisers seeking to comply with FOFA’s best interest requirement, according to its founder.

Career stockbroker Shawn Hickman has launched a new investment information service,, aimed at self-directed investors and SMSF trustees, and sees an opportunity to work with advisers.

“We welcome interest from third-party advisers and consultants to SMSF investors and think there are opportunities to work together,” Mr Hickman told ifa.

Mr Hickman, a former derivatives, equities and futures trader at Goldman Sachs and JB Were says the research service is different from other reports in the market due to is transparency.

“I trade my own money the same way I advise my clients to trade and am prepared to be transparent as to my own portfolio’s performance,” Mr Hickman said.

Mr Hickman is also a trader currently at Shaw Stockbroking, under whose AFSL Market Matters will operate.

Market Matters to fulfil best interest duty
ifa logo

Join the debate to improve the issues that surround affordability and accessibility within the advice industry at ifa’s brand-new event, ifa Future Forum.

Join your peers to uncover game-changing industry solutions to pave the way for solving the problem of accessibility and affordability. Utilise your extensive knowledge to formulate ideas and help futureproof advice. Register your free place now!

Subscribe to the ifa bulletin

Receive daily online news,analysis, reports and business strategies
By signing up you agree to our Terms of Use and Privacy Policy

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.