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Showing 31 - 40 of 126 results for "Quality of Advice Review"

Paraplanners unfazed by QAR, AI: Survey

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
The majority of paraplanners are not worried about artificial intelligence or the Quality of Advice Review potentially making their roles redundant, according to a new survey. This year's Paraplanner Hub and Tanngo survey finds that most paraplanners ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... superannuation, and to leverage future opportunities presented by the government's response to the Quality of Advice Review." WTL intends to fund the acquisition using cash on hand and will purchase M3 on a debt-free, cash-free basis, with the final ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... consultation until December 6. Treasury Laws Amendment (2024 Measures No. 1) Bill 2024 details 11 out of the 22 Quality of Advice Review (QAR) recommendations in which Treasury said will provide legal certainty around removing onerous red tape that adds ...

Aussies value super but remain unprepared: Data

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023
... before retirement age - waiting until members transition to retirement is simply too late." Although the Quality of Advice Review (QAR) proposal that aims to give super funds more power to provide advice has been greatly debated by the industry, with ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... legislative requirements, Lykouras said that it puts JBWere in a "strong position now to focus and support the Quality of Advice Review". The first tranche of reforms stemming from the QAR will ease regulatory and administrative burdens, such as abolishing ...

Power50: Most influential advisers named

STAFF WRITER  |  MONDAY, 30 OCT 2023
... supporting causes close to their hearts, and changing lives in the process. "While we still await the Quality of Advice Review (QAR) package of reforms, standing at the precipice of what may well be among the most monumental changes the industry has ...

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... ongoing relationship fees ($4700)," Guiamatsia said. Meanwhile, when assessing the potential impact of the Quality of Advice Review (QAR) on financial advisers and their businesses, overwhelming the concern was around super funds providing advice. Of ...

Evolution Trustees responds to likely wholesale definition change

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... will lead to an increase in the financial thresholds used to qualify a person as a wholesale client. The Quality of Advice Review report highlighted concerns that the wholesale client financial thresholds were too low, and I expect many current wholesale ...

Insignia consolidates further, creates Client Wellbeing arm

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2023
... consolidate its client engagement teams to create a Client Wellbeing division as it prepares for the post-Quality of Advice Review world. Within its FY23 results update today, Insignia announced its refreshed strategy which includes a laser focus on ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... excluded when determining an individual's net assets for the purposes of the individual wealth test. The Quality of Advice Review highlighted issues with the wholesale client financial thresholds, claiming they were too low and that clients lacked understanding ...