The Draft Terms of Reference for the Quality of Advice Review were released by Treasury last month.
In response to recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, the Quality of Advice Review will consider how the regulatory framework could better enable the provision of high quality, accessible and affordable financial advice for retail investors.
Interested parties are invited to comment on this consultation. Further information including the Draft Terms of Reference, submission guidelines and details on how to respond can be found on the Treasury website.
Feedback is required by 4th February 2022.