A qualified endorsement of qualified advice

Could the “qualified adviser” classification – or whatever it ends up being called – actually end up becoming an asset for advice businesses?

While the Government proposed the QA concept as a means for financial institutions (particularly super funds) to provide simple, low-cost advice to their customers, FAAA CEO Sarah Abood doesn’t think the story ends there. In fact, she says, there may not be anything stopping existing advice businesses from hiring a few QAs of their own.

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