Here’s what Strata Community Australasia submitted to the Federal Government’s Treasury Quality of Advice Review in relation to their role in strata insurance in June 2022.
In their submission @SCA covers things like:
The accreditation, learning, and CPD of SCA strata manager members.
The insurance related work strata managers undertake.
The provisions of SCA’s Code of Conduct relating to conflicts of interest.
The provisions of SCA’s Strata Management Practice Standard relating to conflicts of interest.
SCA’s 2021 Professional Standards Scheme.
A standardised national insurance commission disclosure regime.
Dr Nicole Johnson’s 2021 report A data-driven holistic understanding of strata insurance in Australia and New Zealand.
John Trowbridge’s 2022 Independent Review of Strata Insurance Practices.
You can find out more about the Treasury’s Quality of Advice Review in the Daily Post Treasury’s Royal Commission Reaches the Strata Sector.
And you can read SCA’s 2022 Submissions here.