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The investment app creator believes he has found a way to bridge the gap between advisers and the broader addressable advice market.
Many have seen the value of their superannuation, property and share portfolios fall over the past six months, which has only highlighted the need for quality advice.
The question, in my view, isn’t what is affordable. It’s this: what price should we be willing to pay for long-term financial security?
Advice is set for a dramatic shift towards deregulation, with the Levy proposal paper sketching a plan to ditch statements of advice and best interest duty in favour of a new “good advice” directive.
The global ETF and would-be superannuation fund provider believes a scaled compliance model would better serve the domestic advice market.