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.
AUTHOR
Malavika Santhebennur
Recommended for you
The board of Insignia Financial has reached a decision regarding the possible acquisition of the firm by US private equity giant Bain Capital.
Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses.
There has been a 16.3 per cent rise in the wealth of Australian billionaires this year to over $200 billion, UBS finds, as Australian advisers shift their offerings to meet this expansion and service their unique needs.
AZ NGA is looking to triple in size over the next five years as US investment giant Oaktree completes its $240 million investment in the professional services company.
