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Showing 21 - 30 of 260 results for "Quality of Advice"

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... drew up 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 ...

Financial advice exodus has 'bottomed out': ClearView

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... been signals towards the "return" of financial advice, following the government's favourable response to the Quality of Advice Review. "Recent data indicates the exodus of financial advisers has 'bottomed out'. The government's recent favourable response ...

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... and corporate services Andrew Baker said in Australia the company was pleased to play a role in assisting the Quality of Advice Review and ministerial review process to reach a strongly supportive view regarding digital advice in meeting government objectives. ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... member's super account to an adviser for personal financial advice provided as per Recommendation 7 of the Quality of Advice Review. This aims to provide trustees with more legal certainty about paying advice fees agreed between a member and their ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... reforms that promise to reduce red tape was introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) and overhauling financial services guides (FSG) are set out ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... forward to engaging with the shadow minister on the many current regulatory matters in our space, including the Quality of Advice Review reforms, and addressing the escalating costs to provide financial advice," she said. Among the many changes, senator ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... double in taxes on retirement savings based on this new policy. Together with Labor's other changes in the Quality of Advice Review and non-arm's length expenses (NALE) provision, Talyor said this is all part of "a broader attack on self-managed ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... in the superannuation industry, noting the latter's stated focus on investment governance. It also said the quality of advice provided by advisers could improve and that it is considering a range of regulatory responses to its findings, including contacting ...

SMSFA reappoints Hay-Bartlem as chair

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... balances exceeding $3 million as well as contributing to the ongoing debate on the legislation emanating from the Quality of Advice Review," he said. Hay-Bartlem addressed delegates at the opening of the SMSF Association's National Conference in ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... Association National Conference at the Brisbane Convention and Exhibition Centre (BCEC) this morning discussed the Quality of Advice Review's (QAR) potential to transform how both sectors service their membership base. Speaking on a panel, Brighter ...