Which of the following statements about fees charged by Financial Advisers in Australia are TRUE: 1. Financial Advisers are allowed to charge a fee for the preparation of a financial plan and also hourly fees for ongoing advice provided to clients. 2. Financial Advisers are allowed to receive a commission on an investment product that they recommend to clients as a percentage of funds invested. Neither of the statements are true (both are false) Only statement 1 is true Only statement 2 is true Both statements are true (neither are false)