Search Results | Showing 1 - 10 of 19 results for "New Class of Adviser" |
| | | ... chief executive Sarah Abood said. Abood added the industry needs to be very careful about the scope of the New Class of Adviser and how consumers will be charged. She added it is important to ensure the New Class does not impact the services provided ... |
| | | | ... Industry superannuation funds have welcomed financial advice reforms announced yesterday, which would create a New Class of Adviser and let funds deliver low-cost advice to members in-house. Treasury said the new adviser regime would initially apply ... |
| | | | ... bonuses and volume-based payments," he told the National Press Club today. "We will review the scope of the New Class of Adviser in three years to determine how it is going and whether we should expand it further." The government will also reform the ... |
| | | | When Melinda Kee was sick with COVID-19, she took respite for one week. Kee saw it as an opportunity to tick off some personal administration she'd been meaning to get to, such as changing her pet and health insurance, and electricity and gas providers. ... |
| | | | SMSF Association (SMSFA) policy manager Keddie Waller said most measures intended to help boost the number of new entrants to the advice industry have been abandoned, at least for now. Speaking at the 2026 SMSF Association National Conference, Waller ... |
| | | | About three years ago, robo-advisers, one by one, began dropping like flies. The likes of Six Park, Upstreet and Advice Intelligence either folded or were acquired. Even Ellerston Capital's ethically based robo-adviser, which launched in early 2023 ... |
| | | | ... affordable, accessible financial advice, including the support of the federal government's introduction of a new class of adviser who can offer limited advice on life insurance products. Under current laws, life insurers in Australia are legally restricted ... |
| | | | Minister for financial services Stephen Jones has ruled out talk that the new class of adviser could provide holistic personal retirement advice and acknowledged the need to reform the Compensation Scheme of Last Resort (CSLR) during a post-budget briefing ... |
| | | | ... open for consultation until May 2. Further reforms related to the Best Interests Duty and the creation of a new class of adviser are still being worked on by Treasury. "This is about cutting red tape that adds to cost without providing a benefit to consumers. ... |
| | | | ... information, and that's what the second tranche of our reforms are all about," Jones said. "It's about a new class of adviser; reforming, improving and updating the best interest's duty; removing red tape which is an obstacle to advisers ... |
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