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Showing 21 - 30 of 46 results for %22Michelle Levy%22

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 ...

UK regulator to inspect advice and guidance rules

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
... while continuing to provide the right level of consumer protection." The FCA announcement shares a similar sentiment to Michelle Levy's Quality of Advice Review (QAR). In August the QAR consultation paper was released and outlined several substantial ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... to remove Statements of Advice. Advice Intelligence founder and chief executive Jacqui Henderson said QAR chair Michelle Levy makes a critical point, consumers want good advice, not documents and processes. In the response, titled Through the Lens of ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... not required by law. He directed the first question to Sciacca and pointed out that Quality of Advice Review chair Michelle Levy was surprised by the level of fear the advice community has with ASIC during her review. "It doesn't surprise me," Sciacca ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Michelle Levy recounted hearing feedback on the Quality of Advice Review (QAR) for the first time to a panel comprising Association of Financial Advisers chief executive Phil Anderson, Financial Planning Association of Australia chief executive Sarah ...

Current legislation "wrong way around": Levy

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
Quality of Advice Review chair Michelle Levy believes providing financial advice with a focus on best interests duty and duty of priority is doing things the wrong way. Commenting on her proposal to replace the best interests duty and duty of priority ...

A year of change: Phil Anderson

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
... concluded that he is enthusiastic about the review and said there hasn't been anyone as active in consultation as Michelle Levy.