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The shadow minister’s unfiltered take on financial advice: QAR, FASEA, and Labor party’s approach

In this episode of the ifa podcast, host Maja Garaca Djurdjevic is joined by Stuart Robert, shadow financial services minister and shadow assistant treasurer. 

Mr Robert shares his and the Liberal party’s views on the final report of the Quality of Advice Review and why they support its adoption in full, explaining why Minister Stephen Jones’ proposed review of the review is an insufficient response.

“It’s like an episode of Monty Python. You’ve got a Minister presiding now over the Ministry of Silly Walks. This Michelle Levy review is an outstanding piece of work. The Coalition believes it should be implemented in full and implemented now,” the shadow minister says.

Mr Robert also reflects on how the adviser industry fared under the Coalition and explains why FASEA was an act of “desperation”

The shadow minister doesn’t hold back and accuses the Labor party of holding advisers at an arm’s length.