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 and Fee for Service:
Commissions - this is the most common form of remuneration for financial planners in Australia. It is where product providers or
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