What the Quality of Advice Review means for you

What the Quality of Advice Review means for you

Author: CPA Australia March 13, 2023 Duration: 13:50

Retirement and financial wellbeing depends on ensuring all Australians can access appropriate, high-quality financial advice. Right? However, aspects of this sector haven't worked as well as they could. Instead, consumers and advisers are grappling with high costs, a lack of trust and excessive documentation. 

For these reasons, there has been a review (Michelle Levy's Quality of Advice Review, otherwise known as the QAR)

The aim of the review is to improve the accessibility and affordability of quality financial advice. The recommendations were made public in February 2023.

 To dive into the QAR are two CPA Australia experts who made submissions and worked closely with government and industry to help find some practical solutions. 

Want to learn more? Listen right now. 

Host: Jennifer Duke, External Affairs Lead at CPA Australia

Guests: Keddie Waller, Head of Public Practice and SME at CPA Australia, and Michael Davison, Senior Manager, Advocacy and Retirement Policy at CPA Australia

You can also have a look at CPA Australia's Quality of Advice Review – Proposals for Reform.

And read the media release explaining why the Joint Associations Working Group welcomes the release of the final report of the Quality of Advice Review

For further information, CPA Australia has produced a Value of Advice research report which has some excellent insights.

CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting: 

Search for them in your podcast platform. 

You can email the podcast team at podcasts@cpaaustralia.com.au


Tune in to With Interest for a clear-eyed look at the forces shaping the world of business and finance. Presented by CPA Australia, this weekly discussion moves beyond the headlines to explore the practical implications of change for accounting professionals, business leaders, and anyone with a stake in the economic landscape. You’ll hear from practitioners and experts who break down complex topics in auditing, taxation, and corporate strategy into actionable insights. The conversations in this podcast are grounded in real-world application, whether the subject is a shift in regulatory frameworks, emerging leadership challenges, or broader economic trends. It’s a resource designed to inform your decisions and deepen your understanding of the professional landscape. For those looking to stay current and think critically about their work, With Interest provides a reliable and engaging audio companion. Each episode serves as a timely update and a catalyst for deeper professional reflection, all delivered with the authority and depth you would expect from CPA Australia.
Author: Language: English Episodes: 93

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