As if financial planers haven’t got enough on their plates with the stresses of the Financial Services Reform Act ­– now ASIC and the Australian Consumers Association have joined forces to assess the quality of service offered across the country. The two organisations will conduct a national study into the financial planning industry.

The ACA magazine Choice is advertising in its current edition for 60 consumers – preferably  people approaching a self-funded retirement – to take part in an investor analysis.

The chosen consumers will visit three financial planners free of charge, while also answering a questionnaire about each financial planner.