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IFA: Will the DBFO ever be legislated?

An episode of the Wealth Management Podcast Network podcast, hosted by Momentum Media, titled "IFA: Will the DBFO ever be legislated?" was published on October 7, 2024 and runs 34 minutes.

October 7, 2024 ·34m · Wealth Management Podcast Network

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In this episode of The ifa Show, host Maja Garaca Djurdjevic is joined by ifa deputy editor Keith Ford to discuss a range of issues within the financial advice space, including the opposition's strong statement on delays to implementing the Quality of Advice Review's (QAR) recommendations.

The pair delve into shadow financial services minister Luke Howarth's criticism of the government due to the lack of movement on the second tranche of the Delivering Better Financial Outcomes (DBFO) bill, despite the final QAR report being handed down more than 650 days ago.

Listen as they discuss:

  • Whether there is still time for DBFO tranche two legislation to be delivered.
  • The public inquiry into the Compensation Scheme of Last Resort, Dixon Advisory and wealth management companies.
  • Super funds embracing digital advice and the response from the advice community.
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