Accountants rate high on ethics and honesty


The image of financial planners for ethics and honesty continues to remain low with only 27 per cent of the population rating them as high or very high, but it is up three percentage points from last year, Roy Morgan research showed.
The survey of 655 Australians aged 14 and over showed that accountants' ratings had shot up six percentage points from last year, rating 51 per cent.
Bank managers stood at 30 per cent, down four per cent from last year and 13 per cent from 2014, and well below their rating in 1988 of 54 per cent. It was also the lowest since 2002 when it was at a record low of 29 per cent.
Respondents were asked to rate 30 professions for ethics and honesty from very high, high, average, low or very low.
Recommended for you
As ASIC looks to publish firm-level data on the internal dispute resolution regime, a compliance professional has warned it could have unintended consequences, such as under-reporting.
Selfwealth’s acquirer, Syfe Group, has said the firm is hopeful of opportunities from the mass affluent population as it believes a gap exists between DIY brokerage and financial advisers.
Rose Partners, which has a strategic partnership with AZ NGA, has purchased an advisory and accounting business based in Queensland to drive its expansion.
Having already completed three major sales, Iress has announced its latest divestment following a strategic review conducted during its transformation program.