In this episode of the ifa podcast, host Maja Garaca Djurdjevic is joined by founder and director of Forte Asset Solutions, Steve Prendeville, to chat about the current state of the advice industry.

Mr Prendeville shares why he believes the possible return of superannuation funds and banks to the advice industry could be a “welcome addition”, and why he doesn’t see them as competitors.

“I actually think that there is a great need for Australians to actually have access to limited advice or algorithmic advice.”

Mr Prendeville also talks about why he believes the quality of advice has never been better and gives his thoughts on mergers and acquisitions within the industry. Additionally, this industry professional explains why he is optimistic about the future of the industry.

Reference: https://www.ifa.com.au/podcast/32190-why-storm-clouds-will-part-for-advice-in-2023