qoa review

Financial planning

Advice complaints on the decline but ‘getting more complex’: AFCA

Monthly complaints have fallen, but they could rise again by opening the scope of advice to other providers, according to AFCA lead ombudsman for investments and advice S...

Financial planning

Successful practices will be increasing capacity in 2023: VBP

With Australians warming up to the idea of advice since the QOA Review, firms are already seeing ‘overwhelming’ client volumes and need to be prepared to meet that demand...

Financial planning

Levy backs fee disclosure reform

The independent chair of the QOA Review has called for the removal of 'onerous' ongoing fee disclosure obligations....

Financial planning

Advisers should be subject to ‘good advice duty’: Levy

Financial advisers could be required to comply with a ‘good advice duty' if the Albanese Government accepts the fourth recommendation of the Quality of Advice Review....

Financial planning

QOA proposes new best interests duty for financial advisers

The long-awaited recommendations of the Quality of Advice Review include replacing the existing best interest duty with a 'true fiduciary' alternative. ...