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Showing 31 - 40 of 53 results for "Relevant Providers"

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... However, Levy has also recommended a Statutory Best Interests Duty. This would replace the current obligations for relevant providers and would be a true fiduciary duty reflecting the general law. It will not include a safe harbour. As previously proposed ...

ASIC FAR to display adviser QTRP status

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... requirements, also effective February 1. Financial advisers who meet these requirements will be known as 'qualified tax relevant providers' (QTRPs). The new requirements are the completion of specific courses in commercial law and taxation law, however ...

No big surprises, Levy promises

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... requires a professional," she said. And she outlined there will be a clear divide between advisers and non-relevant providers. "I don't think you should worry. The idea of the fee is something that I think protects the industry, rather than trying ...

We do get it: Levy

CASSANDRA BALDINI  |  FRIDAY, 18 NOV 2022
... why good advice is "more than acceptable", as well as concerns around financial advisers competing with non-relevant providers and what the Statement of Advice (SoA) might look like going forward.

Advisers, non-relevant providers will not compete: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
Financial advisers won't be competing with non-relevant providers to 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 ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... do." Maroney said the area of the greatest ongoing discussion among his membership is around the idea that relevant providers have one set of professional standards that those not considered relevant providers don't. "It does cause concern about ...

AFA president positive on industry outlook

ANDREW MCKEAN  |  WEDNESDAY, 21 SEP 2022
... the number of Australians seeking financial advice, a way must be found to support proposals related to non-relevant providers being able to provide financial advice. In closing, referring to the merger between the Financial Planning Association of Australia ...

Focus on providing 'good advice': QAR draft proposals

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... the reporting requirements for the design and distribution obligations should be simplified by only requiring relevant providers to report to the product issuer where they have received a complaint in relation to a financial product. Finally, she said ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... ensure they understand and comply with their new registration obligations and facilitate the registration of relevant providers. "We will operationalise the FSCP, ensuring its efficient and effective operation as the single disciplinary body for financial ...

Three-month relief proposal gains traction

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... official. The Financial Advisers Standards and Ethics Authority announced yesterday that the Corporations (Relevant Providers Exams Standard) (Amendment No. 1) Determination 2021 has been lodged with the federal register of legislation. It follows a ...