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Showing 51 - 60 of 195 results for "Adviser numbers"

Uptick in adviser numbers: Research

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... several advisers in the non-aligned and super fund-aligned channels. "It remains to be seen whether this uptick in adviser numbers signals a recovery, or that the sharp December 2022 quarterly decline was a rogue figure," Rainmaker said. Boutique non-aligned ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... 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. In light of dwindling adviser ...

Advice industry must change as population ages: Expert

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... there is now a greater need for advice-based longevity issues. "We're seeing heavy regulation impact financial adviser numbers which are dwindling, someone has to fill the gap," he said. "I don't know if that's robo advice, possibly." What ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... tracking at [about] the $10 million profit," he said. Rainmaker analysis shows that Insignia led the pack in terms of adviser numbers, followed by AMP. "How do we remain at the front of the pack as one of the largest? We need to continue to grow," Mota ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... signs in many areas of the profession and believes next year will mark a "great reset." "There has been talk about adviser numbers being down but let's not forget that new entrants are joining our profession as well," she said. "Trust in financial ...

AFA posts $273,135 operational loss

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... postponed many events which would normally add revenue. The overall profession has been in structural decline, with adviser numbers reducing by over 14% in the year. While the FPA's membership reduced by less (just over 7%), it still reduced, and ...

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... sector, including industry reform, new FASEA education and professional standards, changes to business models, and adviser numbers within large AFSLs. "These factors have caused a number of financial planners to leave the profession," the FPA said. "This ...

Advice fees jump 16% in FY22

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
... by more than double the current rate of inflation." Further, the report noted since the end of 2018, financial adviser numbers have fallen by 43% to 15,908 from 27,929, placing further pressure on the sector. "The mass exodus of advisers from the financial ...

ASIC FAR drops as deadline looms

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
... industry has shed 2289 advisers, according to Rainmaker analysis. Recent research from Rainmaker suggested that, if adviser numbers continue to drop at the same rate they have in the last three years, Australia will run out of advisers by 2027. In the ...

FPA calls for sunset on experience pathway

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2022
... affordability of advice for Australians. "In fact, our members are concerned the proposal will actually worsen adviser numbers over time, by making the profession less attractive to new entrants. If a tertiary qualification is perceived to be no longer ...

Editor's Choice

FS Power50 voting opens

VINNY VUCAGO  |   11:52AM
Voting for Australia's most influential financial advisers in the 2026 Financial Standard Power50 is now open, with 122 advisers shortlisted for the annual ranking.

Advisers bolster client book amid compliance burden: CoreData

KARREN VERGARA  |   12:22PM
Financial advice practices are serving more clients, charging higher fees and reporting record levels of satisfaction with their licensees, despite the weight of compliance, according to CoreData.

Superhero partners for crypto push

KARREN VERGARA  |   12:15PM
Superhero has joined forces with Robinhood's cryptocurrency exchange Bitstamp to enter the digital assets market.

Life CCC unveils FY27 priorities

MATTHEW WAI  |   11:58AM
The Life CCC has laid out its priorities for the current financial year, including providing the necessary support required for the upcoming implementation of the revised Life Code.

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