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Insights on the UK and Australian financial advice landscape
Manage episode 433046001 series 2993470
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In this episode of Momentum Media's The ifa Show, host Keith Ford is joined by experienced financial services executive Tony Beaven to take a look at the similarities and differences between the UK and Australian financial advice sectors – and what each can learn from one another.
Beaven, who has worked in advice businesses across both countries, explains how the regulators across these jurisdictions work together to improve their processes and how the Financial Conduct Authority in the UK works could inform the future of Australian advice regulation.
Listen as they discuss:
- The place of robo-advice in reducing the advice gap.
- Why self-licensed advice firms need to fully understand the responsibilities that come along with it.
- How lowering the education benchmark for a new class of advisers could undermine professionalism.
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