Part of your role as an adviser with Jessica's firm is the ability to research recent changes in the law and the impact on the clients The client which is new to you seeks your advice and opinion on the recent Quality of Advice Report issued It does not seek a detailed analysis and review of the whole, report it has specific questions that it wants answered Virginia and Richard have the following queries regarding the review What was the purpose of the review Will it achieve the aim for being able to provide advice to ensure that all Australians have access to high quality, accessible and affordable financial advice ' Our average fee for the provision of advice is $3,000 to $7,500 How will the proposals affect our business model Given our fee level and assuming that many clients could not afford our fees, what type of clients should we focus on Does the Review impact on the best interest rule in s961B of the Corporations Act Virginia and Richard do not want an analysis of the complete Quality of Advice Review Report but just an answer to the above issues raised by them file C Users yoyat Downloads QUALITY 20OF 20ADVICE 20REVIEW 20FINAL 20REPORT pdf

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Part of your role as an adviser with Jessica's firm is the ability to research recent changes in the law and the impact on the

Part of your role as an adviser with Jessica's firm is the ability to research recent changes in the law and the impact on the clients.

The client which is new to you seeks your advice and opinion on the recent Quality of Advice Report issued. It does not seek a detailed analysis and review of the whole, report. it has specific questions that it wants answered.

Virginia and Richard have the following queries regarding the review:

What was the purpose of the review?
Will it achieve the aim for being able to provide advice to ensure that all Australians have access to high quality, accessible and affordable financial advice.'
Our average fee for the provision of advice is $3,000 to $7,500. How will the proposals affect our business model?
Given our fee level and assuming that many clients could not afford our fees, what type of clients should we focus on?
Does the Review impact on the best interest rule in s961B of the Corporations Act?

Virginia and Richard do not want an analysis of the complete Quality of Advice Review Report but just an answer to the above issues raised by them.

file:///C:/Users/yoyat/Downloads/QUALITY%20OF%20ADVICE%20REVIEW%20FINAL%20REPORT.pdf