There’s never been a more important time than right now for professionals in the advice and wealth management industry to look over the horizon and think about what the future holds.
Jointly recognised for innovation, Advice Intelligence and Milliman shared the Planning Software Innovation Award
The recent findings from the Royal Commission suggested that a lack of respective regulatory compliance technology might seriously threaten the existence of many licensees and advisers.
With intensified pressure on the financial services industry, it has been made clear that it is now more important than ever to help financial advisers focus on what really matters for their businesses and clients.
The Fintech Business Awards 2019 will identify the leading individuals and organisations making a contribution to the rapidly growing fintech community.
The industry continues to grow rapidly in Australia with emerging players challenging the established financial institutions.
Independent Financial Adviser
Speaking as part of Advice Intelligence’s (a.i.) Goals Based Advice Podcast. 2017 AFA Female Excellence in Advice winner Lea Schodel said there was an opportunity for advisers to broaden their service offering to encompass money coaching. This has been successful in the US for over 20 years and could help engage more people who are not currently receiving advice.
The Hayne Royal Commission has suggested that advisers inadequately demonstrate how their advice links to their client’s goals. However, financial planners have long been talking to clients about their goals.
Could this disconnect lie with the industry’s complex advice process, lengthy paper SoA's and ‘old world’ technology? Can we honestly say that the current “customer advice experience” delights today's tech-savvy consumer?