Two fund houses announce cut in expense ratios, will others follow suit?

Trail commission is very much justified because we do reviews with our clients. We first do risk profiling then we understand the need of a client then we find a suitable products for them and then we fill kyc forms and get it updated(this exercise we have to do every 3 years). We then give them the right schemes and see to it that they achieve their goals. A planner only will advise but operationally the issues faced will only be taken care by a distributor or planner will have some tie up with a distributor and take half commission and earn their fees as well. Well this practice is existing from a long time. Every product needs a good distribution network for it to reach to maximum no. of people. By killing the distribution network, SEBI hands in glove with fund houses are doing a great disservice to the people of india. The investor will be at the mercy of fund houses. And all the operational problems will have to be solved by investors. 1% is not such a high price to pay for this kind of services which saves a lot of time and energy of investors. Whereas RIA election be too expensive for them. Distributiors are the best option for the investors. And by enlarge distributors are genuine. Banks are a hub of misselling. They should never be allowed to sell third party products. Brokers only focus on commissions and sell products in which they earn more. Distributiors are genuine because they sell products which benefits investors more and not themselves and in this transaction 1% is what they earn maximum. Will planners help investors to transfer the units in the nominee's name? Wil they help in changing bank account details and address change? Will they help investors in getting their kycs done every 3 years? Wil they help investors do the transactions like buy,switch or sell? No matter how savvy or tech savvy the investor is he or she will always need a distributor.