A call has been made by the Australian Small Business and Family Enterprise Ombudsman for AMP to commit to mediation regarding the removal of up to 250 financial planning practices from its advisory network.

New research has found the take-up of financial advice by consumers can have a positive impact on their mental health alonsgide the usual financial benefits

Consumers are increasingly scrutinising the licensees with which their financial planners are associated in light of last year’s royal commission, a recruitment agency has observed.