FPA welcomes QOA final report and shake-up of consent requirements, DDO and SOAs
The Financial Planning Association of Australia (FPA) welcomes the release of the final report by Michelle Levy in the Quality of Advice Review, and has called on the federal government to act on the report as quickly as possible. Sarah Abood, CEO of the FPA, says it is imperative that the government acts quickly on the report, as the current regulatory framework is complex, hard to understand and costly to comply with. “Too many Australians are currently unable to access the quality, affordable advice that they need. This is in large part due to the onerous and sometimes contradictory requirements