Survey: what will opt in cost you?


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
Recommended for you
The financial advice industry has enjoyed another week of strong new entrant numbers, totalling nearly 40 for the past fortnight, thanks to the latest exam passes.
Momentum Media’s wealth publishing network – comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super Review – is proud to launch the annual Australian Wealth Management Awards.
Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young for $4.2 million.
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.