Sydney Financial Planners

With the compulsory transition to fee for service pricing in the financial planning profession by 2012, many commission-based financial planners are left wondering how they will make the switch to fee-for-service.  Commentators in the industry have focused on the difficulties that planners will face in the logistics of making this transition, but what about the [...]

What is independent financial planning? The term “independent” when it comes to financial advice can be a confusing one for the average person. For starters the people that make the rules about how financial planners work prohibit the use of the term.  But when someone decides to see a financial adviser, it’s safe to assume [...]

What is fee for service financial planning? Fee for service financial planning is where a client pays their financial adviser a fixed fee for the services and advice they provide.  Much like you would pay your mechanic to service your car. Currently in Australia there are two main ways that financial planners are paid Commissions [...]