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Are you an adviser with a customer who'd like to tell their story how your advice helped them?

Are you a customer with a good story about how advice has added value to your life?

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But At What Cost To The Consumer?

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29 April 2022 by Laura Dew

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Much has been read and written about regarding the impact educational requirements and rising compliance are having on advisers and their subsequent departures but less has been covered about how this has affected consumers.

The annual research report did not hold back, stating that 100,000 clients have either been orphaned by their adviser or ceased receiving advice, causing the number of advised Australians to fall below two million people. 

This was the result of the cost of advice rising to $3,256, a 40% rise in the past three years. Other reasons were a willingness to use technology or online advice and a heavier reliance on accountants.


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