The Financial Advice Association of Australia (FAAA) has launched a digital campaign targeting “finfluencers,” urging people to talk to licensed financial advisers instead.

For those who can afford it and seek advice at the right times, I agree – quality advice can be invaluable. But here’s the reality: financial literacy is low for many Australians, and most people don’t even know if the advice they’re getting is truly suited to them.

Financial advice can seem like a maze to navigate, leaving people to........

© The Sydney Morning Herald