BT's Bryan Ashenden shares his predictions on the where the QAR proposals may end up and flags some potential issues to be worked out. In this episode, BT head of financial literacy and advocacy Bryan Ashenden discusses why moving to a principles-based approach as outlined in the recent QAR proposals paper will a be a positive but significant adjustment for advisers. He also highlights some potential issues arising from a couple of proposals including the risk that a change in the advice definition could create for adviser marketing materials. He also discusses how some of the proposals have been received by various groups and how he sees some of the specific proposals playing out, such as the removal of statements of advice.