The Quality of Advice Review – Adviser Survey

 

AFA News 8 July 2022. This week many advisers will have received an email from an ASIC email address (governmentqualityofadvicereview@asic.gov.au), inviting them to complete a survey for the Quality of Advice Review.  This is a genuine email that has been sent out by ASIC on behalf of the Treasury and the Quality of Advice Review.

Participation in the survey is entirely voluntary and responses will be confidential, however we encourage you to complete it and contribute to the QAR process.  We are advised that the survey will take 15 minutes.

The survey addresses a number of important issues that are being included as part of the Quality of Advice Review, including the Best Interests Duty safe harbour, charging basis/client consent, scaling of obligations, Statements of Advice, conflicted remuneration and improvement opportunities.

Please refer to the email that you have received from ASIC in order to access the survey.

Completion of this survey will assist the Quality of Advice Review to better understand the financial advice profession, processes and the issues that you face in servicing your clients.  Please find the time to complete this survey.

For any questions on the survey, please email policy@afa.asn.au.

Issued 08.07.2022. AFA Policy & Education Update

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