The Independent Financial Advisers Association of Australia has awarded Gold Standard medals to a number of its members whom it says meets the legal definition of independence.
Adriano Donato of Roskow Independent Advisory, Chris Toms of Super-Focus and Bill Raffle of Bennelong Private Wealth have also been awarded medals but were unable to attend the ceremony.
Several firms have been impacted by the corporate regulator’s action.
Super funds must now have a retirement income strategy in place.
Vanguard has called for a complete overhaul of the advice industry.
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