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Showing 41 - 50 of 100+ results for "Financial Adviser Register"

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... departed the industry in 2020, with just 60 new advisers joining, according to Rainmaker analysis of the Financial Adviser Register. AMP Financial Planning lost the most advisers of any AFSL this year, with 323 departing between January and December. ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... memberships. 2. 916 advisers gone in three months, ASIC responds (May 21) Rainmaker analysis of the ASIC Financial Adviser Register revealed that 1488 advisers had fallen off the register between January and May 2020, with the bulk dropping off in the ...

FASEA reveals October exam results

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... exam (irrespective of how often it was sat) have passed, representing 49% of advisers on ASIC's Financial Adviser Register (FAR). FASEA chief executive Stephen Glenfield congratulated the successful candidates for completing an important component ...

End of the road for advice qualifications

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... financial planning, margin lending and superannuation. According to Rainmaker analysis of the ASIC Financial Adviser Register, about 9894 current financial advisers hold a Diploma of Financial Planning, be it a current or past iteration. A further 5051 ...

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... has undergone in recent years, highlighting the 14.9% decrease in financial adviser numbers on the Financial Adviser Register to 21,284. ASIC commissioner Danielle Press added that good-quality affordable personal advice may help consumers make better ...

82% of advisers pass August FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
... released the results of the August exam, with 82% passing. The results mean 46% of advisers on the ASIC Financial Adviser Register have now passed the compulsory exam. A total of 1521 advisers sat the exam. FASEA did not reveal how many advisers were ...

FS Power50: Vote now

STAFF WRITER  |  TUESDAY, 25 AUG 2020
... the way they conduct their professional practice. Only financial advisers registered on ASIC's Financial Adviser Register as licensed to provide personal financial advice are qualified to proceed to the voting round. The 50 individuals who collect ...

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... 2000 financial advisers leave the industry amid a time of flux for the sector. In January, the ASIC Financial Adviser Register showed 23,682 active advisers, but now the register shows 21,913 advisers. That's a difference of 1769 advisers - and the ...

AFA, FPA share bleak view of industry

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... financial advice industry. AFA general manager, policy and professionalism Phil Anderson said that the ASIC Financial Adviser Register had dropped by 6000 advisers in the last 18 months. Liberal MP Craig Kelly brought up the drop in financial adviser ...

FASEA extension passes

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... the FASEA exam by the end of this year to remain practicing. Only about half the advisers on the ASIC Financial Adviser Register have sat the exam so far. The Stockbrokers and Financial Advisers Association chief executive Judith Fox welcomed the news. ...