Tax cuts, advice reforms, and ASIC oversight

In this episode of Momentum Media's The ifa Show, host Maja Garaca Djurdjevic is joined by Blake Briggs, the chief executive officer of the Financial Services Council (FSC), to discuss the issues impacting the financial advice profession and Australians at large. Mr Briggs examines the government's bold approach to tax reform – both in relation to the stage three tax cuts and within the superannuation system – and highlights the importance of certainty and stability in tax settings to maintain consumer confidence. Listen as they discuss: Why he is optimistic about the outcomes of the Quality of Advice Review. The importance of advisers registering with ASIC and the need for transparency in the ASIC levy. The busy year ahead with retirement income reforms, changes to the managed investment scheme review, and the implementation of the CSLR.