Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Survey: what will opt in cost you?

fund-manager/financial-planners/money-management/financial-planner/

22 February 2011
| By Mike Taylor |
image
image image
expand image

Actuarial firm Rice Warner has produced research claiming the impact of an annual opt-in for financial planners will be negligible. Money Management would like to determine how it will affect you.

To help us gain a picture of how planners and others working in the industry believe they will be impacted please complete the following short survey and forward the result to [email protected].

1. Describe your occupation:

(a) Financial planner

(b) Paraplanner

(c) Superannuation fund executive

(d) Fund manager

2. How much do you believe an annual opt in will add to your business costs?

(a) 0-5%

(b) 5-10%

(c) 10-15%

(d) 15-20%

(e) 20-25%

(f) More than 25%

3. Will this additional cost be passed on to clients?

Yes/No

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 5 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks 4 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 6 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 5 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3