AFR article

  1. 82 Posts.
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    Perpetual Losing the Battle For Financial Advisers.

    Good article.... unless you are a PPT holder. With the business unit that the article is focused on (Investments) accounting for 56% of PPTs NPBT, (it was 71% a year ago) then articles like these add to the snowball effect of what is already clearly an exodus of intermediary support. When they rely on intermediaries for over 80% of their investment inflows, it will be very interesting to see what actions they take to replace the snowballing loss of revenue from the investment division.
 
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