Financial planners might not like the proposed two-year 'opt-in' rule or so-called 'dollar fee' invoicing, but that is what most clients really want, according to a study conducted by MSI Global Alliance.
The MSI Global Alliance - which markets itself as one of the world's leading international alliances of independent legal and accounting firms - has published the findings of a survey of 570 business owners which it says confirms pressure from clients for financial planners to move to charging time-based fees.
And while the survey outcome clearly contains some negative results, it also noted that planners were "the most trusted source of retirement planning advice".
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