A solution to the limited licensing regime applying to the provision of financial advice has been constructed by a collective of industry bodies.

Improving the delivery of financial advice to consumers is a key result Treasury’s Quality of Advice Review should deliver.

Two firms offering SMSF and estate planning advice will merge to provide clients and advisers with greater scale and resources.

Research from Vanguard Australia has found investors prefer the emotional support from human financial advisers compared to the service provided by their digital counterparts.

Practitioners have been provided with a new digital advice solution aimed at helping them retain and service clients who do not require comprehensive financial advice.

The needs of clients should be the number one priority for financial services firms but this fundamental principle has not always been followed.

Less regulation that is better crafted and administered is needed to reduce the cost and complexity of financial advice, according to the FPA.