I really don't understand all the excitement about SOA's being replaced with an 'Advice Record'. We haven't been given any details whatsoever. If past experience with ASIC and Treasury is anything to go by, once they get involved, an AR will become even more cumbersome and time consuming than an SOA. Unless of course you are an unlicensed call centre jockey working for a super fund product provider. In that case an AR will consist of a recorded phone call and nothing else.