Padua launches advice request system

Financial advice technology firm Padua Financial Group has launched its new online advice request system, Roma Online, in response to the financial planning industry's continued focus on raising professional standards.

Padua Financial Group's managing director Anne-Marie Esler said Roma Online is designed to enable financial advisers to request high-quality product replacement and strategy advice to demonstrate the value of that advice to their clients.

"Financial advice technology firms have a responsibility to respond to increased compliance requirements by developing software that assists and supports both financial services licensees and financial planning practices," Ms Esler says.

"Roma Online solves compliance issues for dealer groups and licensees, and gives advisers more time, energy and resources to respond to the needs of their clients."

Padua said it has designed Roma Online to allow Statements of Advice (SOAs) to be produced for less than $500, in keeping with the industry's ongoing efforts to ensure financial advice is affordable and accessible for all Australians.

Padua also announced it will release its next generation financial advice software, Roma Cloud, to advisers across the country later on in the year.

Add comment


Security code
Refresh

Feature Video

Latest Blogs

key-budget-changes-for-businesses

Key budget changes for businesses

Peter Bembrick: Small businesses in particular should benefit from these changes, which include: Company tax rate reduction Over the next decade, the company tax rate will be reduced to...More >>
robo-advice-it-s-not-about-us

Robo-advice – it’s not about us

Duncan McPherson: Sadly, it appears that the vast majority of comments are from a developer's or competitor's perspective, with very few focusing on the customer. My concern was...More >>
regime-change-why-advice-rules-must-be-unified

Regime change: Why advice rules must be unified

Philippa Sheehan: I think most of us can agree that for all its foibles, the AFSL regime is a vast improvement on all previous attempts to regulate...More >>

Latest Comments