Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 260 results for "Quality of Advice"

Benefits of advice reforms yet to materialise

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... regulatory reforms in the financial advice industry is raising concerns about the effects on the accessibility and quality of advice. This is according to Rainmaker's latest analysis of the ASIC Financial Adviser Register, which saw almost 9000 advisers ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... has provided industry feedback on issues relating to law reform to Treasury for consideration as part of the Quality of Advice review," the regulator said.

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... regarding their superannuation. The research findings have been handed on to the government to consider in its Quality of Advice review. Story updated at 12.13pm.

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... for advice can be a challenging business proposition." In the same breadth, Hume announced the merger of the Quality of Advice and LIF Review, which aims to provide Australians access to high quality and affordable financial and insurance advice. "Consumers ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
The federal government will fold the 2022 Life Insurance Framework Review into the Quality of Advice Review, taking over the responsibilities from ASIC. The Quality of Advice Review will consider the LIF Review as part of its wider mandate, Minister ...

FSC proposes new advice model

KARREN VERGARA  |  MONDAY, 19 APR 2021
... providing financial advice to make it simpler for consumers to understand and access without undermining the quality of advice or eroding important consumer protections. "The FSC is seeking industry and public feedback for our proposals in advance of ...

IOOF to spend big on BOLR

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... for that. As you can imagine, over the last 18 months, we've done a lot of work on our governance [and] quality of advice. I think the reality is there will be some advisers that either choose not to or just simply can't meet the standard we ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... firms and found that 75% failed to comply with the requirements associated with the best interests duty, but the quality of advice had improved after the Future of Financial Advice reforms. However, ASIC found only 10% of files showed that consumers ...

The case for an overhaul of advice: Rice Warner, FSC

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... recommend the new model follows the principles of simplification, affordability, accessibility, consistency and quality of advice in order to reduce the risk of consumers being placed in inappropriate products. The FSC said along with the research it ...

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... standing measure, first announced in March 2018, is an important initiative on the journey to improving the quality of advice afforded to hard working Australians and rebuilding confidence in the financial advice industry." She added that legislation ...