In recent years, government regulation has forced financial advisers to let go many of their less affluent clients. It is hoped that new QAR legislation will enable financial advisers to regain these clients.
Advice Online has been designed to allow financial advisers to reach the 12.6 million Australians who currently have unmet financial advice needs.
The client and the software do most of the work, leaving the adviser to optimize the plan and write their advice specific to the client.
The result is a great digital multimedia experience for the client.
Read Money Management’s article: Financial Services Industry is not delivering to the public.
Disclaimer: Financial Mappers does not have an Australian Services License, does not offer financial planning advice, and does not recommend financial products.
Author: Glenis Phillips
https://financialmappers.com.au Glenis is a Senior Fellow of FINSIA (Financial Services Institute of Australasia). She has worked tirelessly for over a decade to develop her innovative software, with her aim being to enable consumers everywhere to understand and improve their finances. Her software has been upgraded for use by Financial Advisers and organizations that want to provide Financial Literacy and digital financial planning tools for their clients or employees.
In response to the Quality of Advice Review, Glenis has designed a completely new product, Financial Advice Online to enable affordable advice for all by a person qualified to give financial advice. This software allows members of the Financial Services Industry to provide an Advice Document in a multi-media format and includes access to the adviser's financial plan, supplementary reports and a comprehensive Financial Literacy Program. Information is available at www.adviceonline.net.au.
Glenis does not use AI to write her blogs. It is all original content.
