Greg Smith
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Appearances Over Time
Podcast Appearances
Advice is not as accessible in Australia.
One in 10 Australians gets advice.
Really?
We're 28%.
The U.S.
as well has been a big move towards robo-advice.
You've had all sorts of β you had the Royal Commission in Australia.
You had a similar upheaval, regulatory upheaval in the U.K.
So we're in a unique position.
People can get advice.
It's not going to β it doesn't cost you the effort.
It's very, very low cost if not free in some cases.
And that's effective with how we operate at Generate.
So it's no obligation.
You can get advice for free.
And the key thing as well about it, I suppose, is that fund choice really matters.
So you mentioned there's all sorts of newspaper headlines recently and in recent years about people that realise they get to retirement, they've been in the wrong fund, they've been in a conservative fund.
People with decades ahead of them, there's a real angle for being in growth funds.