In this podcast from Financial Services Online, Paige Estritori discusses urgent calls for significant reforms in Australia's financial advisory sector, touching on the pressure for government action concerning Compensation Scheme of Last Resort (CSLR) and Quality of Advice Review. The issue of escalating CSLR levies and superannuation management amidst Stephen Jones's impending retirement is top priority. In addition, there's a serious concern about surging APRA levy costs on superannuation funds. The podcast highlights an emerging income opportunity in commercial real estate (CRE) debt investments as well as a pressing demand for changes in the insurance sector for increased transparency and small businesses protection. The creators emphasize due diligence, clear government direction and improved regulations as crucial steps towards protecting consumers and ensuring industry growth.n
