Times are about to get interesting with a further impending exodus of advisers seemingly evident, which will likely see adviser numbers level out at roughly 12,000 nationwide. This means simple economics 101 will kick in with high demand and low supply meaning the cost of advisers will increase further. The government, politicians and their appointed lawyers pushed hard to restructure financial advice into a "profession" and so that is exactly what they will have. Qualified Financial Advisers who will charge fees like lawyers, accountants, doctors, engineers, etc do. There is nothing wrong with that. What is wrong is the expectation that "qualified professionals" work for peanuts. You've gotta be careful what you wish for.