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Quality of Advice Review presents opportunity to ‘rebuild adviser numbers

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11 May 2022 by Neil Griffiths, SMSF Adviser

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In a recent webinar, AFA CEO Phil Anderson said the upcoming Quality of Advice Review (QAR) – which will investigate whether there are opportunities to streamline and simplify regulatory compliance - has an opportunity to key issues in the advice industry, including declining adviser numbers.

“We need to make sure that we have a focus on retaining as many of the existing advisers who are considering their future," Mr Anderson said.

“But we also need to make sure that we have a steady flow of new advisers coming in to the advice profession so that we can start to rebuild adviser numbers.”


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