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Showing 71 - 80 of 154 results for "Financial Adviser Register"

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
With just 65 new names appearing on the ASIC Financial Adviser Register in 2020, the rapid decline in adviser numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... ongoing outflow of advisers from the industry, with just 58 provisional advisers currently on the ASIC Financial Adviser Register - no match for the 7600 that have left the industry since December 2018, according to the submission. "More needs to be ...

ASIC bans former IOOF, MLC adviser

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
... financial services. Pavlidis had been working in the financial services industry since 1986. The ASIC Financial Adviser Register shows he ceased in October 2018. Most recently, he was authorised by IOOF's Consultum Financial Advisers. Prior to that ...

FASEA urges advisers to maximise exam sittings

ELIZABETH MCARTHUR  |  MONDAY, 11 JAN 2021
... sittings of the exam scheduled. So far, 11,241 advisers have passed the exam - just 52% of the ASIC Financial Adviser Register. FASEA is in the process of being shut down and its functions transferred to other regulatory agencies as the government seeks ...

FASEA exam results for November 2020

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
... passed the FASEA exams held to date - representing 52% of the more than 20,000 advisers on ASIC's Financial Adviser Register. A total of 1016 advisers sat the exam in November. As for how many have sat the exam - that number currently sits at 12,573. ...

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 ...