The barriers to young Australians seeking advice

The ifa Show

In this episode of the ifa Show, host Maja Garaca Djurdjevic is joined by Kelly Power, chief executive officer of superannuation at Colonial First State, to discuss the recent CFS research on the value of financial advice. The research, conducted by CFS, shows that 53 per cent of Australians aged 16 to 39 are open to financial advice. Ms Power examines what this means for the way we understand young people’s relationship with advice, and covers a range of related topics. Listen as they discuss: • The role of super funds and banks in advice following the Quality of Advice Review. • How digital solutions can aid advisers and the necessity of human interaction. • The challenges faced by retirees in managing their finances.