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Showing 31 - 40 of 84 results for "ASIC Financial Adviser Register"

Women advisers drop to 21%

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... industry has dropped to 21% compared to 25% two years ago. Rainmaker's modelling of the September ASIC Financial Adviser Register shows that only one in five financial advisers out of the total pool of 19,238 are women. The ratio is reflected across ...

Benefits of advice reforms yet to materialise

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... the accessibility and quality of advice. This is according to Rainmaker's latest analysis of the ASIC Financial Adviser Register, which saw almost 9000 advisers exit the industry over the last 30 months. This averages to 300 advisers leaving the industry ...

Former Hillross adviser pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 13 JUL 2021
... August 6. Kourieh is no longer a registered financial adviser, having ceased according to the ASIC Financial Adviser Register. However, no bans have been recorded against him.

Low FASEA pass rate continues

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
... sittings. Over 13,500 advisers have now passed the exam, representing 65% of the advisers on the ASIC Financial Adviser Register. All existing financial advisers must pass the FASEA exam by 2021 end to stay in the industry. Only 1182 advisers have had ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... who essentially are distribution arms for life insurers. According to Rainmaker analysis of the ASIC Financial Adviser Register, 5142 advisers ceased in the 12 months to April 14. Anderson is urging the government to include clients in the review - who ...

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
... Details of any disciplinary action against an adviser by the FSCP may also be published on the ASIC Financial Adviser Register, including warnings, reprimands, directions to undertake specified training, counselling or supervision, orders suspending ...

Aware to restructure advice offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... the start of 2020 First State had 232 financial advisers, according to Rainmaker analysis of the ASIC Financial Adviser Register. As of the latest ASIC FAR data it has 244, although 53 advisers did leave the AFSL in that period, reflecting no redundancies ...

Low pass rate for latest FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... pass rate for second attempts overall. Now, 13,440 advisers of the approximately 20,000 on the ASIC Financial Adviser Register have sat the exam. FASEA revealed that analysis of the exam results showed that advisers underperformed in financial advice ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... financial advice sector is losing thousands of advisers a year (just over 20,000 remain on the ASIC Financial Adviser Register now) - highlights issues with the funding model and will cause more advisers to exit the industry. The group says the funding ...

Countdown to FASEA exam deadline

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... total of 11,241 advisers have passed the exam, just over half the approximately 20,000 on the ASIC Financial Adviser Register. For the first time, this year FASEA offered additional support materials to help advisers pass the exam. This included a pre-exam ...