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
New York-based firm CC Capital has bumped up its offer to stay ahead of rival bidder Bain Capital.
In a tight race against Morgans, AMP Financial Planning has won back its position as the largest individual licensee in Australia, according to Wealth Data.
Learning to delegate authority and relinquish a hands-on approach is a critical step towards building a self-sustaining financial advice practice, says Assured Support.
Private wealth management company Stellan Capital has appointed a new chief executive, who brings over three decades of experience in the global financial services industry.
