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Adviser numbers at five-year lowBY KARREN VERGARA | FRIDAY, 23 APR 2021 11:47AM
The financial adviser population has reverted to the pre-financial services Royal Commission days, ending at 20,667 in the first quarter of 2021.Read more: AMP Financial Planning, Asgard, ASIC, Aware Financial Services, BT Wrap, Capstone Financial, Colonial FirstChoice, Commonwealth Financial Planning, Financial Adviser Register, GWM Adviser Services, Lifespan Financial, Morgans, Netwealth, SMSF Advisers Network, Synchron, WealthFocus
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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