A sharp increase in the number of complaints about delays in superannuation claims handling could be due in part to tougher economic circumstances, according to the peak body for the industry.
There has been widespread relief that the Quality of Advice Review response has so far been handed down in favour of advisers and super funds being given the green light to help their clients.
A sharp increase in the number of complaints about delays in superannuation claims handling could be due in part to tougher economic circumstances, according to the peak body for the industry.
The wealth management industry has broadly welcomed the bulk of the Quality of Advice Review recommendations Labor will prioritise, with many agreeing that the reforms will fix financial advice and ultimately benefit consumers.