QUALITY OF ADVICE REVIEW

Financial planning

Adding personal advice to Centrelink’s bulk billing framework is among recommendations put to the Quality of Advice Review by a founding member of the Financial Planning ...

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Financial planning

Australia’s strict regulatory definitions are hampering its development of financial advice versus other markets such as the US and UK, according to Vanguard....

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Features

The major associations have collectively thrown their weight behind a joint submission to the Quality of Advice Review, Liam Cormican writes, arguing for a more consumer-...

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Expert Analysis

Research is finding that demand for advice is rising amid a world of rising interest rates and presenting opportunities for those who remain in the industry, writes Neil ...

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Financial planning

Five issues have been highlighted by the financial advice organisations as priorities for the Quality of Advice Review to improve....

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Financial planning

The financial advice profession needs more certainty on how the Australian Financial Complaints Authority will judge a complaint, says the Association of Financial Planne...

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Financial planning

The Stockbrokers and Investments Advisers Association has defended the title of ‘general advice’ and warned investors may ignore material described as ‘information’, in i...

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Financial planning

All financial advice should be tax-deductible to improve the advice gap, according to the Financial Planning Association of Australia’s submission to the Quality of Advic...

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Superannuation

The cost of providing a Statement of Advice to superannuation fund members is thousands of dollars more than for a Record of Advice, according to ASFA, and consumers find...

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Editorial

It is no secret that the Royal Commission has impacted advisers but research has highlighted the severe toll it has taken on their health....

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Financial planning

The Association of Financial Advisers has outlined the key levers it will be targeting to reduce regulatory uncertainty in its submission to the Quality of Advice Review....

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Financial planning

Advice should be treated with the respect given to doctors or lawyers as the industry has successfully improved itself to become a profession, according to Financial Serv...

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Expert Analysis

General advice may help you reach a broader audience, but personal advice provides a better way to meet client needs and manage compliance risk, writes Steve Davison....

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Editorial

This month’s announcement of the terms of reference for the Quality of Advice Review elicit a certain element of deja’vu among advisers....

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Features

2022 is set to have less compliance and regulatory activity, writes Zach Castles, leaving advisers with more time to focus on helping consumers and improving their busine...

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