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QAR and the ‘golden age of advice’

In this episode of the ifa podcast, host Maja Garaca Djurdjevic is joined by Matthew Esler, the co-founder and co-CEO of Padua Solutions.

Mr Esler discusses the government’s response to the Quality of Advice Review, including why the entry of super funds back into advice should not be cause for concern among advisers.

He adds that advisers should instead be looking to set up referral arrangements with super funds to bridge the gap between their different service offerings.

Mr Esler also touches on why the QAR represents a huge opportunity for fintechs, particularly the government’s plans to streamline advice documents.

Labelling the upcoming period the “golden age of advice”, he explains why advisers should be optimistic going forward as technology enables them to scale their business and reach more clients than ever.