{"id":33276,"date":"2016-05-17T21:11:21","date_gmt":"2016-05-17T10:11:21","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=33276"},"modified":"2016-05-18T09:00:53","modified_gmt":"2016-05-17T22:00:53","slug":"better-the-devil-you-know-advisers","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2016\/05\/17\/better-the-devil-you-know-advisers\/","title":{"rendered":"Better the Devil You Know – Advisers"},"content":{"rendered":"
\n\t\t
Following the July 2 Federal Election, which Government will deliver a better financial services industry for advisers and consumers?<\/strong><\/div>
    \n\t\t
  • A returned Coalition Government (72%)<\/small>
    <\/div><\/li>\n\t\t
  • It will make no difference (20%)<\/small>
    <\/div><\/li>\n\t\t
  • A new Labor Government (4%)<\/small>
    <\/div><\/li>\n\t\t
  • Not sure (4%)<\/small>
    <\/div><\/li>\n\t\t<\/ul>
    <\/div><\/div>\n\t\t\n<\/div>\n\n

    A lop-sided result in our latest poll suggests a significant majority of advisers think a returned Coalition Government will deliver a better financial services industry outcome for advisers and their clients.<\/p>\n

    In what has sometimes been a highly-charged period since the last election for the life insurance and financial services sectors, the overwhelming majority of advisers, when push has come to shove, have endorsed the incumbent Government as their strong preference.<\/p>\n

    As we go to print, 71% of those taking part our poll have said a returned Coalition Government is their preferred option. At the other end of the scale, a tiny 3% of advisers say a new Labor Government would deliver a better deal for advisers and consumers.<\/p>\n

    Of the majority who prefer the status quo, we suspect there will be those who positively support the current Government, while there will be others in this majority who believe a returned Coalition is the least worse of the two major parties when it comes to delivering financial services outcomes for the industry and those it serves.<\/p>\n

    Advisers may also read other messages into the result so far, which includes the fact that around one in five (21%) think it will make no difference as to which party is in power when it comes to this issue. But when we asked you the same question in the lead-up to the 2013 Federal Election, only 4% said it would make no difference:<\/p>\n

    \n\t\t
    Following the September 2013 Federal Election, which Government will deliver a better financial services industry for advisers and consumers?<\/strong><\/div>
      \n\t\t
    • A new Coalition Government (91%)<\/small>
      <\/div><\/li>\n\t\t
    • A returned Labor Government (5%)<\/small>
      <\/div><\/li>\n\t\t
    • It will make no difference (4%)<\/small>
      <\/div><\/li>\n\t\t
    • Not sure (0%)<\/small>
      <\/div><\/li>\n\t\t<\/ul>
      <\/div><\/div>\n\t\t\n<\/div>\n\n

      Comparing this week’s results (at top of page) to those from three years ago (above), two factors stand out:<\/p>\n

        \n
      1. Advisers continue to favour the Coalition Government by a vast (but lower) majority<\/li>\n
      2. Many more advisers in 2016 think it makes no difference as to which of the two main political parties hold power when it comes to delivering a better financial services sector<\/li>\n<\/ol>\n

        For what appears to be a growing cohort of advisers who have become jaded by events of the last three years, the attitude representing this group could be summed up by this comment we received last week:<\/p>\n

        In order for any political party to make sensible policies, they must first get accurate data…<\/h6>\n

        “It’s hard to see how real tax paying Australians will get a fair go from either political party…”<\/em><\/p>\n

        In another comment we received, which implies decisions shaping the proposed Life Insurance Framework legislation have been based on inaccurate or incomplete information, this adviser wrote:<\/p>\n

        “In order for any political party to make sensible policies, they must first get accurate data and attain advice that is in the interest of all Australians.”<\/em><\/p>\n

        As we count down to the Federal Election on July 2, in what is becoming a frustrating period of uncertainty for the whole sector, we continue to welcome your comments about what you want and how you see the financial services future unfolding for both you and your clients.<\/p>\n

        Tell us what you think…<\/p>\n

         <\/p>\n","protected":false},"excerpt":{"rendered":"

        A lop-sided result in our latest poll suggests a significant majority of advisers think a returned Coalition Government will deliver a better financial services industry outcome for advisers and their clients.<\/p>\n","protected":false},"author":3,"featured_media":33312,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,49,270],"tags":[4247],"class_list":["post-33276","post","type-post","status-publish","format-standard","has-post-thumbnail","category-compliance-regulation","category-polls","category-remuneration","tag-feature"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/33276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=33276"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/33276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/33312"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=33276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=33276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=33276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}