The good advice principle to be recommended by the Quality of Advice Review resulted from the need to establish a less rigid practitioner standard.

Members will have their opportunity to vote on the proposed FPA/AFA merger organisation towards the end of February next year.

A requirement for licensees to register financial advisers by 1 January 2023 has been pushed back so ASIC can improve the registration process.

Financial advice has been a key factor in helping investors handle volatile markets, with advisers considered a source of value by their clients.

Apprehension has surfaced over the Quality of Advice Review proposal for the deregulation in the provision of general financial advice.

SMSF trustees have been reminded to check the status of any advice provider they use in the establishment and running of their fund.

New research has found financial advice has a wide impact and improves the quality of life for recipients beyond purely financial benefits.