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Showing 61 - 70 of 260 results for "Quality of Advice"

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
Quality of Advice Review chair Michelle Levy says the government is stalling the implementation of the recommendations set out in her final report. The 267-page report, initially released to government in December, included 13 primary recommendations ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... superannuation In terms of financial advice and superannuation, the government is yet to decide whether it will adopt the Quality of Advice Review recommendation for a modified 'good advice' duty requiring personal advice to be both 'fit ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... as a lump sum payment and just 0.1% took an annuity. "If drawdown reforms, including those recommended by the Quality of Advice Review, are implemented, by 2040 an additional two million retirees will have received retirement advice and will collectively ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
A new industry association founded by four digital advice providers has been initiated to support the Quality of Advice Review (QAR) proposed reforms and serve as a united voice before government. The founding members and representatives of the body ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... variance of returns based on the investing decisions made by members. Further, he highlighted the importance of the Quality of Advice Review in ensuring that members receive informed advice from qualified and licensed advisors. "... if a member wants ...

Don't wait for QAR: Press

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... out at the Conference of Major Super Funds that retirement products need to be improved and waiting for the Quality of Advice Review (QAR) is not the best strategy. "I think the product piece is important here and thinking about if we have the right ...

Advice complaints decelerate: AFCA

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... advice it's provided". Singh raised an interesting point with respect to the proposed SOA changes under the Quality of Advice Review : If there's no documentation, how will AFCA assess at the dispute? "As I understand it, the proposal is that ...

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
The Quality of Advice Review's final report (QAR) does not "trash" or go against the Future of Financial Advice (FoFA) reforms, says Association of Financial Advisers (AFA) chief executive Philip Anderson. Labeling QAR "the most important review of ...

Adviser exits spur innovation: Report

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
... target users," Guiamatsia said. "This is in near-perfect congruence with some of the key recommendations of the Quality of Advice Review Final Report."

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
Loosening financial advice regulation under the Quality of Advice Review proposals would highly benefit superannuation fund members, but many are convinced that this only works in theory. The Quality of Advice Review chair Michelle Levy stuck to her ...