Why we must consider the human and social cost of legislation
In this episode of the ifa podcast, host Maja Garaca Djurdjevic is joined by Philippa Hunt, director at AFSL Artemis Investments, to chat through her thoughts on QAR and the need for added focus on the wellbeing of advisers.
Ms Hunt speaks about her support for Minister Stephen Jones taking his time to get things right, given the“catastrophic”outcomes for the industry resulting from the rushed implementation of the royalcommission’s outcomes.
She emphasises the importance of considering the human and social cost of legislation and the mental health of advisers, which, she says, were severely impacted by compliance requirements.
The conversation concludes with MsHunt’s views on the future of the financial advice industry and the need for a more holistic approach to advice.
If you are suffering from depression, anxiety or suicidal thoughts, or you’re worried about someone else and feel that urgent professional support is needed, contact your local doctor or one of the 24/7 crisis agencies below:
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