Advisers who joined the newly merged Financial Advice Association of Australia have risen 30 per cent from initially reported figures and now surpass 10,000 after it reported member losses during FY22–23.
Draft legislation on the first stream of the Quality of Advice Review reforms is expected to be released 'within weeks', according to Minister for Financial Services, Stephen Jones.
The FAAA’s Phil Anderson has shed light on when advisers could see any update from the government on the progression of the Quality of Advice Review changes.
The Joint Associations Working Group has met with Minister for Financial Services, Stephen Jones, in Canberra to work together on the response to the Quality of Advice Review.
Michelle Levy believes that “quick wins” would “not get us very far”, and has urged Minister Jones to implement the QAR report in full. Speaking on a live ifa webcast, the head of the Quali