Centrepoint head says independence, profitability are mutually exclusive
Asset-based fees are unavoidable if financial planning practices are to maintain a sustainable level of profitability, according to the head of a non-aligned dealer group. “As a licensee, I think it’s almost impossible to operate sustainably without product margins. That’s just the way [Future of Financial Advice] FoFA and the institutions have forced the game,”



FEATURE The true value of letting independents be independent"/>


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