{"id":58802,"date":"2021-12-07T16:27:27","date_gmt":"2021-12-07T05:27:27","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=58802"},"modified":"2024-10-30T08:44:15","modified_gmt":"2024-10-29T22:44:15","slug":"general-advice-option-poll-results","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2021\/12\/07\/general-advice-option-poll-results\/","title":{"rendered":"General Advice Option? Poll Results"},"content":{"rendered":"<div id=\"polls-267\" class=\"wp-polls\">\n\t\t<div class=\"pollHeader\"><strong>It\u2019s possible to transition my personal advice clients to a general advice model<\/strong><\/div><div id=\"polls-267-ans\" class=\"wp-polls-ans\"><ul class=\"wp-polls-ul\">\n\t\t<li>Disagree <small>(44%)<\/small><div class=\"pollbar\" style=\"width: 44%\" title=\"Disagree (44% | 103 Votes)\"><\/div><\/li>\n\t\t<li>Agree <small>(38%)<\/small><div class=\"pollbar\" style=\"width: 38%\" title=\"Agree (38% | 89 Votes)\"><\/div><\/li>\n\t\t<li>Not sure <small>(18%)<\/small><div class=\"pollbar\" style=\"width: 18%\" title=\"Not sure (18% | 43 Votes)\"><\/div><\/li>\n\t\t<\/ul><div style=\"text-align: center\"><\/div><\/div>\n\t\t<input type=\"hidden\" id=\"poll_267_nonce\" name=\"wp-polls-nonce\" value=\"b9f86fab22\" \/>\n<\/div>\n\n<p>The result of our latest poll appears to suggest there is plenty of support for the idea that it&#8217;s possible to transition personal advice clients to a general advice model within the context of advisers finding a solution to extend their career and their relationship with their clients.<\/p>\n<p>As we go to print, the doubters still outweigh those who believe such a transition is possible, but the margin between the two camps isn&#8217;t big. For many, this may come as a surprise, but as we pointed out last week (see: <a href=\"https:\/\/riskinfo.com.au\/news\/2021\/11\/30\/latest-poll-transitioning-personal-advice-clients-to-general-advice\/\" target=\"_blank\" rel=\"noopener\">&#8230;Transitioning Personal Advice Clients&#8230;<\/a>), this question isn&#8217;t about whether or not you agree with the concept or are opining as to whether such a move is easy or hard. Rather, this poll is simply asking whether you think it&#8217;s possible &#8211; and many have said it is.<\/p>\n<p>In looking at one of the next questions in this conversation &#8211; namely whether a move to general advice is not only possible but feasible, our challenge has been to speak with advisers &#8216;on the record&#8217; who advocate that such a move is indeed within their scope, because they prefer to remain under the radar for the time being, while the industry continues to evolve in a regulatory sense.<\/p>\n<p>In the meantime, while it&#8217;s too early to establish whether a move to general advice will become a &#8216;real&#8217; alternative for many advisers who are presently being challenged to retain their place in the sector due to regulatory reforms, it appears that there&#8217;s a growing body of conversation around the fact that at least there may be alternatives out there for some of these mostly more mature-age advisers.<\/p>\n<blockquote><p>The question should not be IF we can move our Advice model &#8230;it should be HOW do I do it<\/p><\/blockquote>\n<p>As one adviser commented last week:<\/p>\n<p><em>The question should not be IF we can move our Advice model to something that enables us all to have choices and still be a great contributor to our clients, it should be HOW do I do it, so I can stay in this once great Industry and continue to help people.<\/em><\/p>\n<p><em>If you want or need to continue, then there is ALWAYS an answer.<\/em><\/p>\n<p>Our poll remains open for another week and we welcome your vote and your comments as this debate continues. Let&#8217;s keep talking&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The result of our latest poll appears to suggest there is plenty of support for the idea that it&#8217;s possible to transition personal advice clients to a general advice model within the context of advisers finding a solution to extend their career and their relationship with their clients. As we go to print, the doubters [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":58837,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,3,49],"tags":[],"class_list":["post-58802","post","type-post","status-publish","format-standard","has-post-thumbnail","category-compliance-regulation","category-general","category-polls"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/58802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=58802"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/58802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/58837"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=58802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=58802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=58802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}