# ASIC’s adviser-fee crackdown: what retirees should ask before paying for advice Page: https://stenobird.com/podcast/australian-retirement-podcast-6957560/asic-s-adviser-fee-crackdown-what-retirees-should-ask-before-paying-for-advice Text version: https://stenobird.com/podcast/australian-retirement-podcast-6957560/asic-s-adviser-fee-crackdown-what-retirees-should-ask-before-paying-for-advice.md Podcast: [Australian Retirement Podcast](https://stenobird.com/podcast/australian-retirement-podcast-6957560) Published: 2026-08-06T05:00:00+00:00 Episode link: https://www.raskmedia.com.au/podcasts/australian-retirement-podcast/ Audio file: https://traffic.megaphone.fm/RRKKR9809123629.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/australian-retirement-podcast-6957560/episodes/asic-s-adviser-fee-crackdown-what-retirees-should-ask-before-paying-for-advice Duration seconds: 2507 ## Resource In this episode of Australian Retirement Podcast, Drew Meredith and James O'Reilly unpack ASIC’s latest report into adviser fees and the growing pressure on super platforms to prove clients are getting fair value. It’s a timely conversation for retirees, pre-retirees and business owners who are wondering what financial advice should cost, what good oversight looks like, and how to ask sharper questions before signing on. Drew and James explore why platform-based fee deductions have become such a focus, what ASIC appears to be targeting, and how poor-value advice can still slip through even in a heavily regulated system. They also break down the tension between cost and value: why the cheapest adviser is not always the best fit, why specialised advice often costs more, and what investors should expect to receive in return. The episode finishes with a practical listener question from a couple comparing two very different advice proposals. If you’ve ever wondered whether an upfront fee is too high, how ongoing fees should be judged, or what outcomes an adviser should be able to show in year one, this conversation will help you think more clearly before making a decision. Episode resources – Ask a question (select the Retirement podcast) Show partner resources – Visit TermPlus to learn more – Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit – Whatever comes next for your business, power it with Stripe EOFY deals to know about - ending June/July 2026 – 1 free trade per month, for 12 months, for new Pearler customers Rask resources – All services – Financial Planning – Invest with us – Access Show Notes – Ask a question – We love feedback! Follow us on social media – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER: This podcast contains genera… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/australian-retirement-podcast-6957560/episodes/asic-s-adviser-fee-crackdown-what-retirees-should-ask-before-paying-for-advice/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/australian-retirement-podcast-6957560/asic-s-adviser-fee-crackdown-what-retirees-should-ask-before-paying-for-advice.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.