How can we address the problem of advice affordability?
How can we address the problem of advice affordability?
ifa has surveyed some of the industry’s top advisers on the issues that truly matter to them when it comes to addressing the advice affordability challenge. Following ASIC’s release of the results of its consultation last week, we think there’s no better time to start a conversation about how we got here and what we can do to change things.
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Getting the cost of advice down to a reasonable level is one of the sector’s key challenges at the moment. It’s commonly accepted that most clients cannot be profitably serviced for less than $3,000 in annual fees, and consumer research shows that most do not see the value in advice delivered at that kind of price point.
Everything CEOs knew about office collaboration is probably wrong
Some experts suggest a new idea for the office: not as a headquarters that people go to daily, but as a place that people go to sometimes, for group hangouts.
Contemporary open offices led to 70 per cent fewer face-to-face interactions. People found it distracting, so they wore headphones and avoided one another.
The New York Times
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When Yahoo banned working from home in 2013, the reason was one often cited in corporate America: being in the office is essential for spontaneous collaboration and innovation.
“It is critical that we are all present in our offices,” wrote Jacqueline Reses, then a Yahoo executive, in a staff memo. “Some of the best decisions and insights come from hallway and cafeteria discussions, meeting new people and impromptu team meetings.”
Shunned by authorities on both sides of the border, Bach Bai has been relying on the generosity of strangers since his ethnic Vietnamese fishing community was evicted from Cambodia s capital three weeks ago and cast off downstream on their floating homes.
But few are willing to help hundreds of stateless families, who had earned a living breeding fish and hosting tourists on Cambodia s Tonle Sap River, and are now moored to a riverbank a few kilometres from Vietnam, desperate to be allowed inside. I was born on the Tonle Sap but I m told Cambodia is no longer my home, Bai said, squatting on the bow of his tiny vessel in Leuk Daek, about 100 kilometres south of Phnom Penh, as his three young children ate noodles and asked reporters for money.
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LEUK DAEK, Cambodia (Thomson Reuters Foundation) - Shunned by authorities on both sides of the border, Bach Bai has been relying on the generosity of strangers since his ethnic Vietnamese fishing community was evicted from Cambodia’s capital three weeks ago and cast off downstream on their floating homes.
But few are willing to help hundreds of stateless families, who had earned a living breeding fish and hosting tourists on Cambodia’s Tonle Sap River, and are now moored to a riverbank a few kilometres from Vietnam, desperate to be allowed inside.
“I was born on the Tonle Sap but I’m told Cambodia is no longer my home,” Bai said, squatting on the bow of his tiny vessel in Leuk Daek, about 100 km south of Phnom Penh, as his three young children ate noodles and asked reporters for money.
Cambodia 27 Jun 2021
Residents demolish their floating houses on the Tonle Sap river after they were ordered to leave within one week of being notified by local authorities in Prek Pnov district, Phnom Penh. - Reuters
LEUK DAEK, Cambodia (Reuters): Shunned by authorities on both sides of the border, Bach Bai has been relying on the generosity of strangers since his ethnic Vietnamese fishing community was evicted from Cambodia s capital three weeks ago and cast off downstream on their floating homes.
But few are willing to help hundreds of stateless families, who had earned a living breeding fish and hosting tourists on Cambodia s Tonle Sap River, and are now moored to a riverbank a few kilometres from Vietnam, desperate to be allowed inside.