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Why Plan Your Own Investments — Quiz

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We've shown 2 questions below as a teaser. 6 more questions unlock with a free account, plus instant grading, explanations citing the module section, and a certificate when you pass.

Question 1 (teaser)

Roughly how much extra does a Regular Plan typically cost vs the Direct Plan of the *same* mutual fund per year?

1. 0.05–0.15% per year 2. 0.5–1.5% per year 3. 3–5% per year 4. There is no difference

Question 2 (teaser)

What did the 2019 Hayne Royal Commission (Australia) conclude about commission-based financial advice?

1. Commission-based advice was fine; the few problem cases were isolated 2. Conflicted remuneration was systemic and structurally pushed clients into higher-fee products 3. Mutual fund commissions were already capped at appropriate levels 4. There was no evidence of any misconduct