Because Money Podcast

S1 Ep14 - Why You (Yes, YOU) Should Care About How Financial Advice is Regulated

Informações:

Sinopsis

We’re stepping up on the soapboxes this week and using the dreaded SH word at you: should.You should care about how financial advice in Canada is regulated, even if it means sacrificing some time waiting for the next season of Doctor Who or Downton Abbey or whatever it is you watch. Why should you care? Because chances are, if you’re looking for financial advice, you’re not confident in your own abilities. And if you’re not confident in your own abilities, and you want someone to help you figure out what to do with your savings, or how to get your budget under control, or whether you can afford to travel every year in retirement, you should care if the advice you’re getting is in your best interest…or in the best interest of the person giving it to you. We’re joined this week by loyal friends of the show Noel D’Souza and John Robertson, and we’re going to take a stab at revealing what’s really going on at the big banks when you go looking for financial advice, and what we think you (and the regulators) ought