Canberra on notice that FINANCIAL ADVISERS and their CLIENTS do have significant political power

The CEO of the AIOFP, Peter Johnston, reports that Canberra is on notice that FINANCIAL ADVISERS and their CLIENTS do have significant political power.

Below is a message we have sent to all Politicians.

Before the 2022 Federal election it is fair to say the Advice community did not fully understand or appreciate its potential politcal power to influence outcomes, the recent passage of the Education Pathways legislation achieved by the AIOFP and now this data is literally a game changer.

This should give the Advice community confidence that their clients are a huge political resource that can deliver outcomes that benefits the Advice industry and themselves.

This also puts Canberra on notice that we won’t be pushed around and brutally dealt with like the last 10 years.

The attached COREDATA survey results demonstrates that 89% of Consumers will vote against policies that negatively affects their financial position, with an expected close 2025 Federal election this is very powerful ammunition to have at our disposal.

We hope you now can appreciate the significance of the upcoming Canberra conference and assist the cause by attending.

Dear Parliamentarian, attached is a COREDATA Survey commissioned by the AIOFP to finally settle the debate around who Consumers turn to when seeking political advice about their money and policy that affects its performance.

We think the traditional political view that DOCTORS/PHARMACIES are powerful is flawed, when was the last time you discussed politics and money with your doctor or Chemist Shop attendant? This survey confirms that Financial Advisers play a pivotal role with influencing clients about money and politics.

The survey’s overall key finding for all Politicians to be wary of is 89% of consumers will vote against unfavourable financial services policy outcomes that affects their money.

Please contact us if you require any further information.