Smarter Super Advice [#275]

Financial advice can be valuable, but for plenty of Australians, the cost puts it out of reach. So could super funds hold the key to closing the advice gap?

On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Rudy Leong, senior private wealth adviser at UniSuper, to discuss the type of financial advice members can currently access through their super funds and how that could change in the future.

00:00 Introduction
01:56 What is the financial advice gap?
04:00 What advice can super funds currently provide?
06:10 Does advice through a super fund cost money?
07:42 Overview of the financial advice reforms
10:00 What the reforms could mean for super fund members
11:49 The opportunities and risk of AI in financial advice
14:34 One question everyone should ask their super fund
15:46 Conclusion

Podcast Links:
Listen on Apple Podcasts: https://apple.co/3mV0Cbr
Listen on Spotify: https://spoti.fi/3fSPI2h
Website: https://moneymag.com.au
Email: podcast@moneymag.com.au
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