In this episode of the ifa Show, Lifespan Financial Planning CEO Eugene Ardino joins host James Mitchell to analyse the financial advice sector in light of the recent royal commission findings and recommendations.
Eugene will share his thoughts surrounding vertical integration, the departure of grandfathered commissions and how it will impact the bottom line of advice practices across Australia. He also addresses the issues surrounding disclosure and transparency surrounding client education.
Finally, Eugene will reveal why he expects the sector to lose a number of high quality advisers, share his thoughts surrounding life insurance, and how robo-advice fits into the modern financial advice business model.
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