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Advice industry welcomes 'reset' from QOA Review

Recommendations like the removal of SOA requirements and embracing digital advice have been strongly endorsed by industry groups, who state this is ‘the time for bravery’. ....

New Zealand , United Kingdom , Andrew Alcock , Sarah Abood , Asia Pacific , Jane Rennie , Neil Macdonald , Blake Briggs , Financial Planning Association Of Australia , Associations Working Group , Financial Services Council , Advisers Association Ltd , Michelle Levy , Financial Planning Association , Craig Keary , Ignition Advice , Joint Associations Working Group , Chartered Accountants Australia , Best Interests Duty , Quality Of Advice Review , Digital Advice , Statement Of Advice , Financial Advice ,

What does Australia's average adviser look like?

Data from the QOA’s adviser survey, used to inform the review, has revealed a snapshot of Australia’s adviser landscape, their views and the shape of their businesses. ....

Investments Commission , Advice Review , Australian Securities , Quality Of Advice Review , Michelle Levy ,

No need for SOA unless requested: Levy | Money Management

In her recommendations in the Quality of Advice Review, Michelle Levy has stayed the course to do away with Statement of Advice requirements. ....

Australian Financial Complaints Authority , Australian Securities Investments Commission , Michelle Levy , Australian Securities , Investments Commission , Corporations Act , Financial Adviser Register , Quality Of Advice Review , Statement Of Advice , Advice Document ,

Compliant but complicated: What lies in store for SOAs?

There’s room for improvement with advice documents and advisers have made suggestions that could save time and effort while enhancing consumer comprehension. ....

New South Wales , Leah Sciacca , Ben Neilson , Patrick Flynn , Phil Anderson , Glenn Elliot , Matthew Esler , Neilson Co Wealth Management In Queensland , Financial Services Stephen Jones , Association Of Financial Advisers , Australian Tax Office , University Of Southern Queensland , Financial Advisers , Advice Review , Michelle Levy , August Proposals Paper , Corporations Act , Southern Queensland , Simply Kaizen , Money Management , Video Soas , Padua Solution , Count Financial , Statement Of Advice , Dvice Documents , Quality Of Advice Review ,

JAWG addresses open QOA letter to Jones | Money Management

The Joint Association Working Group (JAWG) has written an open letter to the financial services minister Stephen Jones stating the QOA must avoid “easy wins”. ....

Stephen Jones , Financial Planning Association Of Australia , Association Working Group , Financial Services Council , Association Of Financial Advisers , Joint Association Working Group , Financial Advisers , Financial Planning Association , Advice Review , Quality Of Advice Review , Stephen Jones , Financial Advice ,