Feb 2023
Padua's Head of Technical Advice, Rudy Haddad, has summarised the key QAR recommendations and provided some context and comments.
read moreJul 2022
In life, determining the cost of owning “stuff” is normally pretty clear. There is a set sticker price, and that is what you pay. If you buy something like a car though, you do a deal with the dealer; but that is just the start to putting your hand in your pocket. In addition to the obvious costs (i.e., insurance, repairs, servicing, petrol), you need to understand the more invisible costs such as depreciation.
read moreMay 2023
Although advisers might be inclined to move to other platforms, the reality is that it takes a long time to switch platforms as it is a complex exercise.
May 2023
There are a lot of vague statements about the costs of financial advice in Australia. This insider's knowledge shows the actual costs are skyrocketing but demand for financial advice remains strong.
read moreMay 2023
One of the fundamental roles of a financial adviser is to understand the needs and objectives of each client and provide strategy and product advice recommendations that align to those needs and objectives.
read moreMay 2023
Padua's Head of Technical Advice, Rudy Haddad, summarises the key points from the 2023-24 Federal Budget and what they can mean for you.
read moreApr 2023
While concerns have mounted that the Federal Government’s Quality of Advice Review (QAR) will change how advisers operate, Padua Solutions has signalled its focus on the opportunities the review will bring for fintech innovation.
Mar 2023
Retired climate change consultant Arek Sinanian, 72 years old, almost fell off his chair after learning the cost of a financial plan.
read moreFeb 2023
In this episode, Peita is joined by Matt and Anne-Marie Esler, Co-Founders of Padua. They discuss how Padua can be used to reduce the time and cost to produce high-quality advice.
read moreFeb 2023
Padua Solutions’ robo-advice generation tool for financial advisers, launched in June 2022, was being used to solve the challenge of cost, time, quality, and client engagement by helping produce simple SOAs and records of advice (ROAs) in minutes.
Dec 2022
In this article, Matthew Esler, Co-Founder of Padua Solutions, delves into the decline in adviser numbers, the gap in experience that’s been created as a result, and the shining light at the end of a very short tunnel.
read moreDec 2022
In this highly technical but interactive session, Padua Solutions Co-Founder and Co-CEO Matt Esler and Head of Technical Advice Rudy Haddad show you how to maximize the beneficial outcome of your strategy recommendations and highlight the value you create for them in the process.
Oct 2022
Padua's Head of Technical Advice, Rudy Haddad, summarises the key points from the 2022-23 Federal Budget and what they can mean for you.
read moreOct 2022
Data compiled into the ‘Padua Advice Fee Data Report’ for FY22 shows initial advice fees charged by advisers on a per-advice-document basis increased 16 per cent, from $2,859 in FY21 to $3,315 in the past financial year.
read moreSep 2022
In this article, Padua Co-Founder Matt Esler focuses on the final two of the four major problems facing the financial advice market – Quality of Advice & Trust.
read moreSep 2022
Count Financial has approved the latest DIY Advice technology from Padua Solutions for its adviser network, which will reduce the time taken to produce a Record of Advice (ROA) to less than 15 minutes on average, down from an average industry production time of around two to six hours.
read moreJul 2022
Historically, successive Governments from both sides of the political spectrum, have continually tinkered with superannuation laws. This meddling results in constantly changing the goal posts under which financial advisers can provide advice. Since the introduction of the Transfer Balance Cap in 2017, the importance of splitting super contributions between spouses has considerably increased.
read moreJul 2022
Fintech providers have responded to advisers’ comments about their viability as a means to lower the cost of advice, highlighting it can bring down costs without reducing quality and is able to comply with regulatory guidance.
read moreJun 2022
By solving these problems, the industry will find the oxygen it has so desperately been gasping for since strangulation by regulation became too much to endure.
read more
