What Jones had to say about QAR

Having published the final Quality of Advice Review (QAR) report on Wednesday morning, Financial Services Minister Stephen Jones issued a short statement detailing the government’s next steps. 

“Australians need access to quality, affordable financial advice to plan for their future,” Mr Jones said.

“Today, the Albanese government is releasing the Quality of Advice Review, an extensive report containing options to get the industry working better for all Australians,” he continued.

“We thank Michelle Levy for her work in leading this review and producing a detailed and valuable contribution,” the Minister added.

Mr Jones also invited “anyone with an interest in financial advice” to read the report and make their views known.

“The government will now consult widely on the review’s recommendations,” he said.

“We want to see an industry with strong professional standards that’s accessible for more Australians and look forward to hearing views on achieving that goal.”