Financial Planning Software Providers Must Move With The Times

Up until the Royal Commission, the focus for financial planning software was on reducing time and increasing output. Now, the focus is on trying to increase compliance. With over 50% of advice being non-compliant, there is a huge amount of pressure on large dealer groups to ensure this is handled better moving forward. Software is seen as the only manageable way to ensure this happens, thus compliance in tech is the focus right now over efficiencies.