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Showing 41 - 50 of 189 results for "Advice Review"

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 ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... superannuation, including developing a new technology-enabled advice service. Mota said that with the Quality of Advice Review providing more avenues for advice, the changes the business is making will provide capacity to focus on existing opportunities ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... expect to offer more holistic financial advice as part of the federal government's adoption of the Quality of Advice Review recommendations. Pillar One, which is to remove red tape and streamline the advice process, is the first of three stages that ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... industry levy, the continuing consultation with the government on implementing the recommendations of the Quality of Advice Review, the legislation of the experienced pathway and many more." Abood also highlighted the FAAA's commitment to "re-growing" ...

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... the elimination of many back-office inefficiencies under the federal government's adoption of the Quality of Advice Review recommendations. Some of the QAR recommendations assistant treasurer Stephen Jones flagged he will adopt include the replacement ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The wealth management industry has broadly welcomed the bulk of the Quality of Advice Review recommendations Labor will prioritise, with many agreeing that the reforms will fix financial advice and ultimately benefit consumers. In releasing the first ...