Who is to blame for advice being unaffordable?

Advice affordability is a popular subject in industry conversations at the moment, with a raft of new compliance obligations coming in off the back of the royal commission and the cost of advice continuing to rise. In this episode of the ifa Show, Asendium co-founder and chief executive Scott Miller joins host Sarah Kendell to unpack some of the issues surrounding advice affordability and how he believes they can be solved. Scott reflects on his former career as an award-winning adviser and struggles he faced with keeping costs down and implementing the best technology in his business. He also discusses how long it's taking many advisers to produce an SOA currently and why better collaboration between licensees, advisers and technology providers is key to improving the productivity logjam currently facing practitioners.