Which of the following statements about fees charged by Financial Advisers in Australia are TRUE: Financial Advisers are allowed to charge a fee for the preparation of a financial plan and also hourly fees for ongoing advice provided to clients. Financial Advisers are allowed to receive a commission on an investment product that they recommend to clients as a percentage of funds invested.Single choice
A
Neither of the statements are true (both are false)
B
Only statement 1 is true
C
Only statement 2 is true
D
Both statements are true (neither are false)
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