Why it is worth waiting for the government's QAR response
The ifa Show · Momentum Media
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Show Notes
In this episode of the ifa podcast, host Maja Garaca Djurdjevic and Peter Johnston dive deep on the Quality of Advice Review, the need for patience on the government response, and why advisers are the good guys. Peter Johnston, executive director of the Association of Independently Owned Financial Professionals, discusses which QAR recommendations he believes are positive and the many he doesn't. Mr Johnston explains that the political motivations behind the review are going to hamstring its effectiveness and value, while adding that the new government must be given the same patience to present its findings that was afforded Michelle Levy. He also discusses how a shrinking pool of advisers could be a boon for those that remain.