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Showing 11 - 20 of 154 results for "Financial Adviser Register"

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... actions available to it, providing a written reprimand," he said. A reprimand is not published on the Financial Adviser Register but is provided to an adviser's AFSL. "It's somewhat along the lines of saying, 'You didn't get this right ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... than 20, a Rainmaker analysis shows. Rainmaker's June 2023 Financial adviser report based on ASIC's Financial Adviser Register found that very are sticking around for the long haul. Only 7% of registered advisers have more than three decades of professional ...

FY23 farewells 700 advisers

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... population to 15,708 from 16,415 at the end of the 2023 financial year. Rainmaker analysis of ASIC's Financial Adviser Register found a 4% year-on-year decline in the adviser pool from 16,415 advisers practising in FY22. AMP Financial Planning lost a ...

Former Capstone adviser in EU with ASIC

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... Blackaby was licensed through Capstone Financial Planning from November 2016 to 16 June 2023. The ASIC Financial Adviser Register shows he has now ceased, with the terms of the undertaking being that he cannot carry on a financial services business ...

ASIC releases May exam pass rate

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... tested in the exam, ASIC said. About 15,810 are recorded as current financial advisers on ASIC's Financial Adviser Register (FAR). Nearly 3000 have ceased practising as advisers on the FAR and but can be re-authorised in the future. Some 950 passed ...

Director charged over illegal investment scheme

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... three months in 2015 and then by Diverse Advisers between June 2015 and June 2019, according to ASIC's Financial Adviser Register. ASIC alleges that, between 2017 and 2021, Arandez promoted and carried on a financial services business at which he directed ...

Adviser numbers drop, FAAA strengthens recruitment

KARREN VERGARA  |  MONDAY, 15 MAY 2023
... May 10, there are just 15,993 practising advisers, according to the association's modelling of ASIC's Financial Adviser Register. This equates to a 45% drop from the peak of 25,805 at the end of June 2019. Subsequently, the staggering demand for advice ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... authorisation was through Solar Financial Advisory which ceased in August 2017, according to the ASIC Financial Adviser Register. He was also previously licensed by Genesys Wealth Advisers and Charter Financial Planning.

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... that needs to be addressed. Of note, according to Rainmaker Information's breakdown of the ASIC Financial Adviser Register, financial adviser numbers are at their lowest in almost two decades, with a net 3250 (17.3%) exiting the sector last year. ...

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... that sat the exam have passed. About 15,850 of the total pool are current financial advisers on ASIC's Financial Adviser Register (FAR), representing 99% of the register. There were over 890 candidates completing their professional year of work and training. ...