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Showing 31 - 40 of 83 results for "Better Financial Outcomes"

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
The long-awaited Tranche 2 of the Delivering Better Financial Outcomes draft package has been released, switching Statements of Advice for Client Advice Records and clarifying what topics super funds can collectively charge for. However, some elements ...

Tranche 2 is coming before the election: Jones

ELIZA BAVIN  |  WEDNESDAY, 19 MAR 2025
... Treasurer and Minister for Financial Services Stephen Jones has confirmed Tranche 2 off the Delivering Better Financial Outcomes reforms will be released before the upcoming election. Speaking to Financial Standard, Jones said Tranche 2 has been a priority ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... practice and client book valuations is positive, noting that the Quality of Advice Review and Delivering Better Financial Outcomes reforms should make running a business much more efficient. As a result, profit margins should increase. Regardless, advice ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... getting rid of fee disclosure statements (FDSs) was perhaps the biggest achievement of the Delivering Better Financial Outcomes Tranche 1 reforms - but it came with changes to fee consent. "The goal the government had, and it was quite clearly articulated ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
Assistant treasurer Stephen Jones said Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms remains a priority before he bows out of politics but fell short of confirming when the draft bill will see the light of day. Jones told a recent ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... financial advice and retirement reforms, including urgently passing the second tranche of the Delivering Better Financial Outcomes reforms to make it easier for funds to provide affordable, accessible, clear and easy-to-understand financial advice to ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... of basic financial advice and is another reason the government must act to implement the Delivering Better Financial Outcomes (DBFO) reforms. "Not knowing enough about super can lead to poor decisions, like leaving accounts inactive or withdrawing funds ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... should first create a stronger market design," Grattan said. Further, Grattan believes the Delivering Better Financial Outcomes reforms should only proceed once account-based pensions are performance tested, and all retirement products are included in ...

Anne Fuchs takes on new role at ART

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... passions in life, advocating on behalf of working Australians and ART's 2.4 million members for better financial outcomes and also helping them understand ways to achieve confidence in retirement," she said. "In this role, I want to inspire confidence ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
Assistant Treasurer Stephen Jones said the purpose of Tranche 2 of Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during ...