Breaking down the state of advice

In this episode of the ifa Show, host Keith Ford is joined by Nathan Fradley of Fradley Advice to take a look at all of the big topics that are impacting the financial advice profession, from AI and data security to AML/CTF and the CSLR. Nathan breaks down why AI is both a powerful tool and worthy of some scepticism, how some of the change flowing through the sector is going to change the way that advisers work with their clients, and whether the Delivering Better Financial Outcomes reforms will improve how the profession operates. Tune in to hear: Why data security is a vital consideration despite some links in the chain falling short. Whether there is any way to fix the Compensation Scheme of Last Resort to serve its intended purpose. Why, despite cost, levies and reform fatigue, financial advice is still a great career.