Why the shake-up - the royal commission - was needed

Certainty Advice Podcasts

English - April 08, 2021 03:34 - 15 minutes - 14.5 MB
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Previous Episode: What the Hayne Royal Commission got right

Next Episode: The Royal Commission and everyday Australians – Where’re the benefits?

Guest: Julie Hautot, Senior Adviser at Hywood Partners

Duration: 15:43

Date: 1 April 2021

In another episode of our “Three Years On” series – Jim and our Certainty Advisers continue to look at the fall-out from the Royal Commission into Financial Services and Banking, covering the “hows” and “whys” of accessing advice today. Today, Jim speaks with Julie Hautot, the highly credentialled Senior Advisor with Hywood Partners in downtown Subiaco - one of Australia’s great spots of innovative firms from many professions and industries on the outskirts of Perth. Julie outlines the flow on effect of the decisions made in 2017 and believes that remuneration is the best determinant of the quality of advice you should receive as a client. Indeed, the banks exited, compliance costs skyrocketed, and we live in an extraordinary landscape dominated by COVID-19. So, what are the ramifications for Australians seeking financial advice? Welcome to another episode of “The Certainty Advice Podcast” …