Paul Benson

speaker

378 appearances 1 recordings 1 series first heard Mar 2021 last heard Mar 2021

Paul Benson’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

Australian Finance Podcast · When & where to get financial advice (key questions to ask) · 15 Mar 2021 podcast

Yeah, look, as I say, it's a challenge and no one's really got a great answer for that in Australia at the moment.

I mean, it probably really comes down to self-education.

So I know, you know, there's online courses.

I know you guys have some online courses.

We do too, books, podcasts.

It really is probably educating yourself, I would think.

There are some online, I call it robo-advice sometimes, type players.

Six Park is one that we've had a little bit to do with, although...

So I can't sort of recommend anyone, but just throwing it out there, I'm sure there are others.

So there are some services like that that are quite affordable and can help you in certain elements.

The challenge with them, though, is there's not an ability to actually have a chat with a human and say, hey, here's my issues.

It still requires you to have identified the issues in the first place.

So, yeah, there's no perfect answer to that.

And as I say, there is a recognition that affordability of advice is a problem in Australia at the moment.

Yeah, but that's the circumstances we're in.

The way the regulation's done, it's divided up into general advice and personal advice.

So general advice is you can just talk generally about, hey, here's what an ETF is or something like that, the sort of stuff that you cover in the podcast, and that's fine.

But as soon as you go into personal advice, which is anything that's sort of tailored to the individual, to the individual circumstances,

then you need to be licensed and you need to issue a financial services guide and you need to document it in a statement of advice and you need to have researched all the alternatives and it's a whole, you know, and that's the law.

So I haven't got a great answer.

Showing 261–280 of 378 · page 14 of 19