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Showing 11 - 20 of 189 results for "Advice Review"

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... that is why in this bill, we replace the SoA with what is called an RoA," he said. Michelle Levy's Quality of Advice Review (QAR) recommended eliminating SoAs altogether, which he does not agree with. "I'm not of the view that these SoAs should ...

$3.5tn wealth transfer scares Aussie advisers: Natixis

MATTHEW WAI  |  MONDAY, 28 OCT 2024
... opportunities posed with the generational wealth transfer are great, and the next two decades, paired with the quality of advice review, and the digital advice revolution could change how advisers operate their practices in unpredictable ways," Watson ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... opportunities to improve efficiencies and cost effectiveness across the wealth value chain, particularly with the Quality of Advice Review. He also believes building a high-performing culture within the group will add shareholder value.

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... Assistant Treasurer Luke Howarth has reaffirmed the opposition unreservedly supports Michelle Levy's Quality of Advice Review (QAR) recommendations and wouldn't go back to the drawing board, at an event hosted by the Financial Services Council ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... said recently. Braithwaite said: "Closing the gap may have negative consequences towards the intent of the Quality Advice Review (QAR), further pushing up the cost of advice and making it less accessible." "Cost of on-going advice clients is already ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... Sentiment Index 2024, remaining in the number one spot year on year. Uncertainty around the outcome of the Quality of Advice Review (QAR) is worrisome for advisers as is the Compensation Scheme of Last Resort (CSLR), which imposes another levy on the ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... March 27. The committee discussed 11 recommendations from the DBFO's predecessor, Michelle Levy's Quality of Advice Review (QAR), which form the basis of the bill. These included suggestions to consolidate administrative steps in obtaining clients' ...

HESTA pushes for expediated advice reforms

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... to engage with their superannuation, leading it to urge the government to release tranche two of the Quality of Advice Review reforms. The $89 billion industry fund noted a strong demand for digital tools for retirement planning. HESTA reported that ...

Platform reveals advice firms' top issues

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... the most popular subjects. The first half of 2023 was also dominated by the draft legislation on the Quality of Advice Review.

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... its submission to the inquiry and will shortly publish it once its committee signs off. "We support the Quality of Advice Review recommendation that stated that high-net-worth clients who have provided a qualified account certificate should also sign ...