Retirement Commissioner Diana Crossan has welcomed the government response to the Capital Markets Development Taskforce saying rebuilding trust in capital markets is essential for investors.
The Retirement Commission part-funded the research to get a snapshot of the quality of advice given to investors and to identify key issues.
“I have been concerned for some time about the public’s loss of trust and confidence in the financial services sector. Being able to invest with confidence is a critical part of saving for retirement and managing your money in retirement.