The government has announced a post implementation review of the removal of the stamping fee exemption. Treasury is seeking feedback from consumers and industry stakeholders on the 2020 change which
Industry associations and licensee groups have banded together to produce combined submissions on the Quality of Advice Review. With 83 questions in the review's terms of reference, highlighting the areas of consensus will streamline the volume of information delivered to Treasury.
Parameters need to be in place with the proposed experience pathway to prevent young advisers with minimal qualifications from being eligible for the exemption, according to the Financial Planning Association of Australia.