Here the Elixir team tackle another couple of burning questions highlighted in the recent AFA Webinar.
The question posed was “From your experience, what fraction of clients will welcome an increase in advice service fees because undeclared commissions received previously have ceased. How does this make sense to the client?” The team hit this nail on the head from multiple angles.. and then go on to answer the question of “Do you have a cost of advice analysis tool that you recommend?”