Advisers, non-relevant providers will not compete: LevyBY CASSANDRA BALDINI | WEDNESDAY, 16 NOV 2022 12:46PM Financial advisers won't be competing with non-relevant providers to provide advice as they're occupying different worlds and serving different needs, Quality of Advice Review chair Michelle Levy says.
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Dear Lord - is she serious?? We are almost back where we started
The institutions haven't exactly proven that they can deliver good advice so far. I don't think this changes this.
Crazy that they raise the educational standards, push thousands of advisers out and now claim that 16,000 advisers can't service Australia... only to give the industry to banks in the end anyway.