Helping the move to fee pricing
The Association of Financial Advisers (AFA) will be running seminars for advisers on how to work towards fee-for-advice pricing.
The Future of Financial Advice seminars will be run in Sydney, Melbourne and Brisbane this month looking at how to put a dollar value on professional advice.
AFA CEO Richard Klipin says transitioning to a fee-for-advice model is complex and there could be adverse reactions by clients.
“We want to provide advisers with a useful forum in which to learn more about current consumer attitudes toward advice,” he said, “and the best way to communicate with clients about the change to fee-for-advice services.”
The seminars will be run in conjunction with dealer group Securitor, part of the BT Financial Group.
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