Document Type
Journal Article
RIS ID
15019
Citation
Cortese, Corinne; Aylward, David; and Glynn, John, 2006, Our Retirement in Their Hands: A User Perspective, Australian Accounting Review, 16(3), 32-40.
http://ro.uow.edu.au/era/235
Abstract
This paper reports on a survey of Australian retirees' attitudes to financial planning advice before, at or after retirement. The results demonstrate that, despite government initiatives aimed at enhancing consumer confidence in the financial services market, most retirees feel dissatisfied with, and lack confidence in, the services provided by their financial advisers. This suggests an increased role for financial planners in providing not only the additional information required under government policy, but also information that is understandable and useful to retirees.