SMAs are booming inside the financial advice sector: But if they are so terrific, then why is regulator ASIC asking so many probing questions around fees and conflicts of interest?

Nathan Fradley of Fradley Advice joins Associate Editor, James Kirby in this episode.

In today's show, we cover...

• The good, bad and potentially ugly side of the SMA boom
• Will SMSFs get a fair deal in the new Compo scheme of last resort
• Reward points and super funds- a marriage made in the marketing department
• Why are financial advice fees not coming down if AI cuts costs?