SMSF Association Submission – Joint JAWG submission – Open Letter to Stephen Jones: Quality of Advice Review

The government’s Response to the Quality of Advice Review has the potential to fundamentally improve financial advice in the interest of consumers by ensuring many millions more Australians can access advice for decades to come. The Joint Association Working Group (JAWG) wants to collaborate with the government on implementing much needed change to ensure this.

We note your strong support for the Quality of Advice Review process under Michelle Levy since its inception. We are grateful for your acknowledgement that financial advice is out of reach for most Australians, in part because of poor regulatory settings.

Read the full letter below.