Reimagining financial advice: Breaking down the Actuaries Institute’s HGA framework

Andrew and Stephen explain that the current system leaves approximately 60 per cent of Australians without adequate financial support, while the HGA framework aims to bridge this gap by providing a more flexible approach that allows for different levels of support, from basic information to comprehensive personalised advice, while maintaining clear regulatory boundaries.

Tune in to hear:

• The challenges facing the provision of financial advice and how the framework aims to solve them.
• Why clearer boundaries between different levels of financial support are vital to improve client outcomes.
• How the still unfinished Delivering Better Financial Outcomes reforms can provide some positive results.

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