Ann: Intiger Market Update, page-230

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wolffboon

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23/09/19

21:55

Post #: 40535242
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Originally posted by WestTrader057: ↑

" The issue of affordability is plaguing the financial advice industry, further compounded by recent action taken by both AMP and MLC Wealth.
Speaking at the recent association of Financial Adviser's National Conference, AFA general manage of policy and professionalism Phil Anderson argued the affordability of advice for ordinary Australian is under threat.
Anderson pointed to the original objectives of the Future of Financial Advice reforms, which included ensuring the availability , accessibility and affordability of high quality financial advice.
This was reinforced by the Royal Commission which directed legislators to consider the impact and changes might have on the industries ability to achieve this
Anderson argued that it has become clear that reforms will result in advice becoming more expensive- or unaffordable altogether-for the average Australian." (Article by Elizabeth McArthur in Financial Standard 9/09/2019.)

If there was ever a need for a cost saving software in the financial planning industry it is now, but is IAM now out of the game?

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Well exactly. Great post.

I’m just worried that the industry will realise the need for change in say, 2-3 years, by which time Intiger won’t exist.
Right solution but too early?

Any ideas on what Intiger’s potential acquisition may be? This hasn’t been discussed on HC.

WB

IAM Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Ann: Intiger Market Update, page-230

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Ann: Intiger Market Update, page-230

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