I think a lot of clients will need to go to their financial advisors, so called experts to get an understanding of what is happening.
Based on the investment advisors I have dealt with, many are ex car salesmen, who did a course and got a job of selling cars, sorry investment products, using the ones with the highest commission as the basis of what was good for you. They are slick and smooth and give you a warm feeling, yet have no idea and use the well worn investment cliches to get people in.
as to the protection of super the ATO and others have been cracking done of DIY super funds due to trustees misusing the money and the fruad of investment advisors on unsuspecting suepanuates.
My advice is if you dont know anything about it dont trust the investment advisors because when it comes ot money, the nicest people will do anything to separate you from it for their benefit, usually the lifestyle they want you to think they have.
