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Showing 101 - 110 of 190 results for "Adviser numbers"

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... executive Stephen Glenfield refused to acknowledge the impact increased education requirements has had on financial adviser numbers during a recent Senate Estimates hearing. Appearing before the committee, Glenfield was asked by Liberal Senator Amanda ...

Super fund adviser numbers swell

KANIKA SOOD  |  TUESDAY, 22 OCT 2019
... advisers: Qinvest (94), UniSuper (74) and VicSuper (51). QSuper's QInvest and UniSuper both nearly doubled their adviser numbers in the year while VicSuper shed four. The numbers are according to ASIC's financial adviser register. Despite the ...

Dealer group shuts after advisers depart

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... professional year as a "trainee" and required to have a degree to practice, I don't know if or when the incoming adviser numbers will outweigh the outgoing adviser numbers. This is a potential risk for all consumers."

Perpetual in acquisition mode

KANIKA SOOD  |  FRIDAY, 23 AUG 2019
... said. "Given the strength of our brand, it makes more sense for us to take a controlling stake." Investor mix, adviser numbers Of the $27 billion current under management at Perpetual Investments, about $7 billion is now from institutional investors ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
A number of financial advisers who flocked to wealth management institutions for Netwealth as a result of the banking Royal Commission have helped boost the platform's funds under administration by 30% to $23.3 billion. Financial results for the ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
... reprice certain platform fees ($8m) and discontinuing grandfathered commissions ($21m). As a result of a reduced adviser numbers and activity, advice revenue contributed lower to the bottom line of about $20 million. Total costs associated with restructuring ...

Major advice licensee in possible best interest breach

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... Australia's biggest financial advice licensees following an investigation sparked by phenomenal growth in adviser numbers in just six months. SMSF Advisers Network has had additional licence conditions imposed after ASIC surveillance spurred concerns ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... day-to-day. This is not about putting people out of business." In isolation, the reform won't have a huge impact on adviser numbers or the number of advice businesses being sold but it remains a consideration, he said. "On average, in terms of our members ...

More than half of advisers without association membership

JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
... bodies are in reality niche associations heavily reliant on a primary AFSL contributing a large portion of their adviser numbers, Rainmaker said. For instance, a majority of the AIOFP's membership is licensed by Interprac Financial Planning and the majority ...

IOOF completes ANZ dealer group acquisitions

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... acquisitions would position it to be the second largest advice business in Australia by funds under advice and adviser numbers. Commenting at the time, IOOF managing director Christopher Kelaher said: "We have a proven track record in realising significant ...