Ethical Standards
Duty to Whom?
The debate about rolling back reforms aimed at ensuring financial advisers put clients first raises questions of how the notion of fiduciary responsibility applies to other professionals, like journalists for instance.
Do journalists have a duty of care to their readers and viewers? Or is their first responsibility to their employers? Of course, these responsibilities are not mutually exclusive. But anyone who pays attention to some of the more ‘colourful’ output of the tabloid press, radio and commercial television in Australia might conclude where loyalties primarily lie. (more…)
