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And now count financial has fallen to the banks! CBA is the culprit. I'm actually asking for help! Please stand up and be counted....lets have a few more independants in our industry. You may lose a small fraction of your profits....but you can look at yourself in the mirror!

It's in stone, look out for fee for service...... Many of the clients that come through my office did not know they where paying a commission to a planner. They did not even realise they paid a contribution fee in same cases. This brings up another point. Is ASIC making life more difficult...

Intrinsic Value, Count have several traits that are very positive for the FP industry. 1. They are often linked with accounting firms (as a planner you are often arriving at questions that may require the knowledge of an accountant). 2. The directors are firm on their views that they will...

It is my understanding that the service of a FP is not free.They all bill to prepare the SoA and for their time. I am of the very few that does not bill as I enjoy what I do and do not require this income to keep me afloat. I will try to explain: A FP must complete a SoA whenever they give...

That is a little harsh to say I have written someone off... this is not my intention, in fact I closed down the rather conflicting arguments and opened up the pressing issue with piston broke on my last post. Further, I was not sure that you had to have a particular level of wealth to meet...

Piston Broke, I will not get into a my accountant is better than your accountant argument. Anyone can have good and bad experiences with Financial Planners, Accountants, Mortagage Brokers, Lawyers etc and I am not here to pursuade you your experience can be better or worse. Please refer to...

By and large you have to take in consideration all personal circumstances. Refer to Grant Abbott the leading SMSF speaker/educator in the country to see who he is currently training and encouraging to embrace this space- you will find that it is both FP'S and Accountants. Ask your Accountant if...

Piston Broke, Now lets clarify, please answer the following: If I was to transfer my real estate (my holiday house- encumbered) to my SMSF is this allowed? Should the bare trust and the SMSF have a corporate Trustee and if not, for what reasons? If so, should the corporate trustee be a...

It is blatantly obvious there is a need for financial Planners, i.e. who can guide your through the set-up of a bare trust with a corporate trustee to hold your property for an SMSF, who will write the investment strategy to make the SMSF compliant, who will consolidate the 5 super funds and...

It is time to out the banks? As you may be aware I am often posting controversial topics in relation to outing the marketing and issues I have with lack of transparency around financial products. For the record, I also include the advice around purchasing property (off the plans with...