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Showing 61 - 70 of 190 results for "Adviser numbers"

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... ultimately support our members and help grow the business," he said. Meanwhile, the advice business saw a drop in adviser numbers to 1600 from 1948, but Mota said its adviser market share remained "pretty stable" though conceded those numbers may drop ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... has $104 billion of superannuation and investment funds across 480,000 clients. Over the year the group saw its adviser numbers drop to 1600 from 1948. A breakdown revealed that self-licensed advisers dropped to 546 from 605, self-employed dropped to ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... affordability issue faced by the industry at large. It's hoped to launch in October, George said. She added that adviser numbers are down across the advice business but that this was expected given changes in the industry as well as AMP's own ...

We knew people would leave the advice industry: Hume

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
... "It's been an uncomfortable shift for a lot of people," said Hume. Consequently, a steep fall in registered adviser numbers has transpired but Hume was steadfast that it was fair that advisers be able to demonstrate the value they could offer to ...

3000 advisers left industry last year

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
... financial advisers is now back to where it was over seven years ago, in December 2014. The entire growth in financial adviser numbers as a result of the introduction of ASIC Financial Adviser Register has now completely evaporated. Independence continues ...

Adviser numbers close in on 17k

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
... boots between mid-December 2021 and 20 January 2022. AMP Financial Planning currently leads the pack in terms of adviser numbers with 591, losing only eight representatives between March 17 and mid-December 2021. Morgans Financial had 452 advisers on ...

Quality of Advice must consider digital: Ignition

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
... affordability certainly have not," Baker said. Rather, he pointed out, there has been a significant drop in financial adviser numbers and a rise in the cost of advice delivery due to the cost of complying with increased regulation. The review will consider ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
... Group chief executive Matt Rady said the group hasn't seen a reduction in its number of users despite falling adviser numbers and BT Panorama's extended outage in 2021. According to the ASIC Financial Adviser Register, there's about 18,000 financial ...

Insignia loses self-employed advisers

KARREN VERGARA  |  THURSDAY, 27 JAN 2022
... deliver to this break-even target as planned," Insignia chief executive Renato Mota said. "This contraction in adviser numbers reflects the necessary changes to ensure the financial advice profession can prosper after a period of change, while supporting ...

Advice industry loses 800 over New Year period

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... Capstone Financial Planning (260), Alliance Wealth (260), Count Financial (251) make up the top 10 practices based on adviser numbers. While many continue to leave the profession, one interesting trend Rainmaker found is the rapid rate in which advisers ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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