Licensee leaders on trust, capacity and the reform agenda

Financial advice has never had a stronger reputation with clients or a bigger opportunity in front of it, but the system’s capacity constraints and regulatory blind spots are holding it back.

Professional Planner editor Chris Dastoor is joined by Entireti group chief executive Neil Younger and WT Financial Group managing director Keith Cullen to discuss the outlook for financial advice policy as Minister for Financial Services Daniel Mulino prepares to address the profession on the next steps in advice reform later this month.

This episode also explores why the fallout from Shield and First Guardian demands better underwriting of consumer risk in the superannuation system, the implications of the Financial Services Council white paper for licensing, why the licensees saw value in joining the FSC, ASIC’s Report 833 on platform trustee oversight, and the political fight to get Tranche 1 of the DBFO reforms fixed.