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Showing 51 - 60 of 111 results for "Quality of Advice Review"

Mixed outlook for paraplanning: Study

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
... 21.6% of them charge $81 to $100 per hour. One of the key issues facing paraplanning at the moment is the Quality of Advice Review and its draft proposals regarding Statements of Advice (SoAs). Concerning the cost of advice, KPMG research commissioned ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
A Treasury spokesperson has indicated when industry can expect the release of the Quality of Advice Review (QAR) final report, while also confirming the government has not scrapped super tax concessions. A spokesperson for minister for financial services ...

We're doing a huge amount: Aware Super

CASSANDRA BALDINI  |  WEDNESDAY, 18 JAN 2023
... making a significant investment in its financial advice capabilities, regardless of what comes out of the Quality of Advice Review. Speaking to Financial Standard, Stewart pointed out that over the next five years, Aware estimates more than 100,000 members ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... regulatory settings, financial viability concerns and risks of providing advice. Regulatory reform from the Quality of Advice Review may assist in providing appropriate advice for members moving into retirement, but it is expected that any recommendations ...

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
... corporations and financial services laws," she commented. Abood explained the ALRC's review complements the Quality of Advice Review (QAR) led by Michelle Levy. Both reviews consider "equally vital and distinct elements" of the corporations and financial ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... it. "We need to break down the barriers Australians face in getting financial advice, so we support the Quality of Advice Review. It's challenging the industry to think differently about how advice can be delivered by super funds." Among the respondents ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
The Quality of Advice Review's (QAR) proposals will help an additional two million retirees spend $22.5 billion more and leave $6 billion less in bequests annually by the year 2040. According to data released by the Financial Services Council (FSC) ...

Financial advice adds $150k in retirement: Analysis

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2022
... efficiently served through a digital solution." Stewart said one of the fund's key pieces of feedback to the Quality of Advice Review was around increasing funds' ability to provide financial advice. This was one of the main proposals put forward by ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... that. "We are faced with exactly that challenge as we consider the proposed changes put forward by the Quality of Advice Review," he said. "We want to see more Australians benefit from access to affordable financial advice and need to be open to recommendations ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... prescriptive. "In terms of any changes being made to the exam, that is meant for the minister." Touching on the Quality of Advice Review (QAR), she said ASIC has a formal role in the review in respect of its life insurance work. "Specifically, our work ...