Last week’s story radical changes proposed for SOAs stirred some debate on how long an effective statement of advice should be. Hillary Ray from The Fold has said that they would like to see around 5 pages, depending on the nature of the advice, but at the moment they are seeing 20-30 pages. They are currently reviewing SOAs.
How long do you think a statement of advice needs to be?
Share your thoughts in the comment box below and take our poll here.
We’ll announce the results later in the week along with more information about the review being undertaken by lawyers.