Network FP Thinktank is an Online Professional Journal by Network FP wherein we share the articles written by top-class financial advisors and industry thought leaders from across India and the world.
Direct Plans are not a threat to genuine Financial Planners/Advisors
Lovaii Navlakhi
Founder & CEO, International Money Matters Pvt. Ltd
March 13, 2013
Reading Time: 4 minutes Industry estimates put the difference in expenses of the two plans – direct plan and regular plan anywhere between 0.5% to 1% p.a. for equity funds, 0.1% to 0.4% p.a. for debt funds and 0.05% to 0.15% p.a. for liquid funds. Hence Direct plans are likely to give a return higher by that much year on year when compared to regular plans; and with compounding over a long period of time, this difference could be significant. So is this benefit big enough for your investor to want to forego your services?
Read MoreIFAs to drive the industry in future – But who will nurture them?
Sadique Neelgund
July 22, 2011
Reading Time: 4 minutes The share of IFAs in employment in financial services is 65-70% and will double in the next 10 years. This will see a huge surge in the new age intermediaries who are entrepreneurs by choice. The journey to create such large number in the next 10 years will need a concentrated effort by all stakeholders.
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