QOA proposes new best interests duty for financial advisers
The long-awaited recommendations of the Quality of Advice Review include replacing the existing best interest duty with a “true fiduciary” alternative.
Source: moneymanagement.com.au
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Advisers should be subject to 'good advice duty': Levy
Financial advisers could be required to comply with a ‘good advice duty' if the Albanese Government accepts the fourth recommendation of the Quality of Advice Review.
Source: moneymanagement.com.au
Levy backs fee disclosure reform | Money Management
The independent chair of the QOA Review has called for the removal of 'onerous' ongoing fee disclosure obligations.
Source: moneymanagement.com.au