The $1200 client-based Initial Advice Payment (IAP) is expected to be one of the first elements of the final recommendations of the Trowbridge Report placed on the negotiating table.
Life/risk advisers have made clear to Money Management that they believe the $1200 IAP has been set too low, and is just one of a number of issues that need to be the subject of further discussion.
Money Management has joined with the Association of Financial Advisers to next week host a breakfast discussion on the Trowbridge recommendations, with the author of the report, John Trowbridge, as they keynote speaker.
In the meantime, Money Management would welcome readers giving their opinion on some of the key elements of the report by completing the following short survey.
