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Dramatic Rise in Advice Fees as Planner Numbers Dive (1)

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2 February 2021 by John Collett, Brisbane Times

Article link: https://www.brisbanetimes.com.au/money/planning-and-budgeting/dramatic-rise-in-advice-fees-as-planner-numbers-dive-20210129-p56xsb.html

The 2020 fees survey conducted by Adviser Ratings was completed by about1400 planners. Almost a fifth of their clients received “one-off” advice, with the remainder receiving ongoing advice.

“I am not seeing a lot of appetite from advisers to re-engineer their businesses to provide simple or one-off advice, despite the demand,” Hoven says.


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