In this episode of the ifa podcast, host Maja Garaca Djurdjevic is joined by Haydn van Nek, operations manager at Kelly Wealth from Cairns.

Haydn joins the show to talk about a variety of topics and issues causing grief to regional advice businesses. He addresses the experience of running an advice firm in today’s uncertain legislative environment coupled with the vast remoteness of its regional setting. Haydn also shares his  expectations regarding the Quality of Advice Review (QAR) and the government’s assessment of the recommendations. “One of the things we want to see is reduced cost to serve, which obviously would flow onto more affordable advice for our clients,” he noted. Other items on Mr van Nek’s wish list include reduced disclosure obligations — specifically in relation to the complexities surrounding the current statements of advice — and disclosures surrounding advice fees. Tune in to hear more.