SMSF Association Submission – Quality of Advice Review: Proposals for Reform

SMSF Association Submission

The SMSF Association welcomes the opportunity to provide this submission in response to the Quality of Advice Review’s consultation paper – Proposals for Reform. The paper considers opportunities for bold reform, the tenor of which are needed to address current regulatory issues impacting the financial advice sector adversely. At the same time, the paper aims to balance the proposed reforms alongside increased consumer demand for advice, how consumers wish to receive that advice and maintaining adequate consumer protection.

We thank you and the Treasury Secretariate for your ongoing engagement with stakeholders, and for the various opportunities to meet and speak with you on a range of matters.

Please refer to Appendix A for our responses to the consultation questions.

Quality of Advice Review: Proposals for Reform

SMSF Association Submission