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Showing 11 - 12 of 12 results for "Good Advice Duty"

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... was labeled as such was down to the best interest duty in the Corporations Act being removed and replaced by a good advice duty. "In my view, that's a very strong consumer protection provision. So that's been surprising, and I think disappointing ...

Current legislation "wrong way around": Levy

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
... process should be driven by the advice that spits out at the end, not the other way." She explained that the good advice duty is reasonably likely to benefit the client. "That means there's a reasonableness standard, it's possible that there ...
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