SMSF Association Submission – Education reforms for financial advisers

The SMSF Association welcomes the opportunity to provide this submission to the Education Reform for Financial Advisers consultation.

The SMSF Association strongly supports the objective of these reforms to address the increasing financial advice gap driven by the ongoing shortage of financial advisers to meet the current and future demand for financial advice.

These reforms are necessary to amend the current one-size fits-all inflexible pathway to become a financial adviser and attract a broader pool of not only younger talent, but related professionals who may be seeking a career change or to provide financial planning advice to their existing clients.