SMSF Association Submission – DBFO – Improving access to affordable and quality financial advice

The SMSF Association welcomes the opportunity to provide this submission to the Treasury consultation on the Treasury Laws Amendment Bill 2025: Delivering better financial outcomes as part of the Improving access to affordable and quality financial advice reforms.

We strongly support meaningful reforms to increase the delivery of high quality, accessible, and affordable financial advice for Australian consumers, through clearer and more streamlined regulatory requirements. However, we do not support the fragmented approach that has been
taken to implementing this stream of the Delivering better financial outcomes reforms.