Money Management
Author: Charles Hornor | Posted: 23 August 2011

Clients OK about financial planning opt-in

Financial planners might not like the proposed two-year 'opt-in' rule or so-called 'dollar fee' invoicing, but that is what most clients really want, according to a study conducted by the ANZ member firms of MSI Global Alliance.

MSI Global Alliance - which markets itself as one of the world's leading international alliances of independent legal and accounting firms - has published the findings of a survey of 570 business owners which it says confirms pressure from clients for financial planners to move to charging time-based fees.

And while the survey outcome clearly contains some negative results, it also noted that planners were "the most trusted source of retirement planning advice".

Read the full article in Money Management.

Like this page:
Share this page:

Comments

Recent Posts