It has me nonplussed how anyone thinks that a change to the SoA document requirements will lower fees? The time cost is in gathering and recording information, due diligence and research, crossing I's and T's, and making sure the file stacks up for the inevitable presentation to AFCA! The SoA is but a summary of everything that has taken place to that point! Like it or not costs will not reduce significantly amount to allow an entry point to professional advice for the masses. And, like it or not the SoA as it stands, is a valuable point of reference to reflect back on when determining if a clients circumstances remain the same, and if the started objectives are being met ongoing. Of all the changes I have experienced in my long career, I find this right up there with the most pointless and frustrating.