The ifa Show

Simplifying the advice process


Listen Later

ClearView managing director Simon Swanson joins this week’s ifa Show podcast. After issuing its Quality of Advice Review (QAR) submission to Treasury this month, Mr Swanson joined host Neil Griffiths to talk about what he believes is the biggest issue in advice today – the simplification process. “The analogy I'd draw, is actually going to see a doctor, right? You go to see a doctor. The doctor says, ‘How are you, Neil?’ And you say, ‘I've got a cold.’ So you've actually self-diagnosed here. The doctor has actually not diagnosed. You've diagnosed yourself, right? "Then you have a conversation with a doctor who may say, ‘You need a script’, et cetera, et cetera. Does the doctor say, ‘Look, I need to do a statement of advice. I need to recommend three different types of medicine to actually resolve your cold, flu, broken leg, whatever you've got. And then I need you to go away for a while I write up a statement of advice. And then I'd like you to come back in two weeks' time?’ At which stage your broken leg is probably quite sore, right? It's just a crazy process. “We've got to be in the financial advice game.” On this episode, Mr Swanson also dissects the survey that ClearView released alongside its QAR submission and his predictions for what the review will bring in December.

...more
View all episodesView all episodes
Download on the App Store

The ifa ShowBy Momentum Media


More shows like The ifa Show

View all
Money News by Money News

Money News

10 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

93 Listeners

The Money Puzzle, with James Kirby by The Australian

The Money Puzzle, with James Kirby

50 Listeners

Ensombl Advice Australia by Ensombl

Ensombl Advice Australia

2 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

66 Listeners

Your Wealth by NAB

Your Wealth

9 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

19 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

11 Listeners

Investing Compass by Morningstar Australia

Investing Compass

26 Listeners

Straight Talk with Mark Bouris by Mentored.com.au

Straight Talk with Mark Bouris

195 Listeners

The Money Café with Alan Kohler by Eureka Report

The Money Café with Alan Kohler

31 Listeners

Chanticleer by Australian Financial Review

Chanticleer

25 Listeners

The Fin by Australian Financial Review

The Fin

18 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

7 Listeners

15 Minutes with the Boss by The Australian Financial Review

15 Minutes with the Boss

13 Listeners