 Adviser salaries in 2020 revealedBY JAMIE WILLIAMSON | WEDNESDAY, 6 MAY 2020 12:36PMDespite current uncertainty, latest insights show a senior financial adviser with more than 10 years' experience can still expect to take home up to $160,000 per year. |
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Vanguard to acquire custodian Altruist
|Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.
FAAA pushes to expand NCA to financial advisers
|Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers.
SMSFA appoints head of professional standards
|The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards.
UniSuper unlocks close to $15k for members moving into retirement
|Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.
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Every financial planner has three choices
- Auditor role - $140K, cushy 9-5 role with no chance of being sued
- Paraplanner - $100K+ if you put your head down, minimal chance of being sued
- Financial Planner - $120K, high chance of being sued
Yeah I can see why 5,000 advisors are leaving the industry each year