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Showing 111 - 120 of 352 results for "Levy"

What to expect at FPA Congress 2022

CASSANDRA BALDINI  |  TUESDAY, 22 NOV 2022
... up there with our biggest numbers," she said. Broome highlighted timely regulatory sessions such as hearing from Michelle Levy just weeks out from the final Quality of Advice Review proposals and legislative updates in financial planning from ASIC, as ...

We do get it: Levy

CASSANDRA BALDINI  |  FRIDAY, 18 NOV 2022
Michelle Levy has responded to suggestions there's been minimal financial adviser input to the Quality of Advice Review, saying there's a lot more going on behind the scenes than people realise. Speaking on the Financial Standard podcast, Levy ...

If it ain't broke, don't fix it: Graham

CHLOE WALKER  |  FRIDAY, 18 NOV 2022
... bureaucratic, they're intimidating, and they're frankly useless documents on any level," he said. "One of the things Michelle Levy says is that you don't need SOAs because you have file notes. Well, the problem with that is that clients don't ...

Advisers, non-relevant providers will not compete: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
... provide advice as they're occupying different worlds and serving different needs, Quality of Advice Review chair Michelle Levy says. Speaking to Financial Standard for an upcoming podcast, Levy touched on the QAR proposal to cause perhaps the most ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... ongoing service they will provide to the client in relation to the life risk product, the paper says. QAR chair Michelle Levy said: "I have been persuaded that there are some benefits and some circumstances in which benefits which are reasonably likely ...

Advice fees jump 16% in FY22

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
... of each strategy for that client," he said. He further pointed to the Quality of Advice Review (QAR) paper where Michelle Levy prioritised accessibility of advice by putting forward several proposals that simplified reporting requirements on advisers ...

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
Chant West has welcomed the proposed pause in the Your Future Your Super (YFYS) performance test, saying it's in the best interest of super fund members. Chant West general manager Ian Fryer explained there's been several unintended consequences of ...

FPA seeks broader scope for CSLR

CHLOE WALKER  |  MONDAY, 10 OCT 2022
... called on the federal government to broaden its proposed compensation scheme of last resort (CSLR) and to extend the ASIC levy freeze for advisers for another year. The FPA believes that the current CSLR Bill is too narrow in scope and doesn't seek to ...

UK regulator to inspect advice and guidance rules

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
... several substantial changes believed necessary to revitalise the advice sector, making it more affordable and accessible. Levy said so far the draft proposal feedback has been mostly positive but there is still work to do in making the sector balanced. ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... stakeholders should consider the impact each of the options might have on entities, including cost burden; the appropriate levy formula for option one; and the appropriate metrics to be used in options two and three. It's also asked whether it's more ...