From www.professionalplanner.com.au: Michelle Levy expressed concerns at the Professional Planner Advice Policy Summit about the government’s lack of ambition in implementing reforms from her Quality of Advice Review, warning that modest changes might lead the industry to navigate around existing regulations.

She emphasised the importance of defining financial advice clearly, advocating for better accessibility and affordability while acknowledging the necessity of vertical integration in financial services.

Levy supported modifying education standards to encourage new entrants into the field and maintained that professional advisers should not have their fees driven down to solve accessibility issues.