From stocks and shares to superannuation and real estate, many every day ordinary Australians are seeking ways to increase their wealth to protect their retirement and to ensure the financial security of their children’s future.

But, are financial planners always giving you solid and unbiased advice?

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, over a period of some 18 months, exposed the shocking culture in which the financial services industry prioritised its own interests often to the detriment of he customer.

There were 76 recommendations made by the Royal Commission in February this year and the Treasurer, Josh Frydenberg, undertook to “take action” on all of them.

“My message to the financial sector is that misconduct must end and the interests of consumers must now come first,” he said.

There is enormous complexity in the 1100 pages that explain the Royal Commission’s recommendations however there are some key points the Commissioner made that, if implemented, go a long way to improving the quality of the advice you’re entitled to.