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Showing 81 - 90 of 195 results for "Adviser numbers"

Celebrating the 2021 FS Power50

STAFF WRITER  |  MONDAY, 1 NOV 2021
... best the industry has to offer. At a time when so much focus is on the impact of industry change and diminishing adviser numbers, Financial Standard is proud to showcase excellence in advice and celebrate just how bright the future of advice is," Williamson ...

More advisers switching practices

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... advisers across AFS licences (AFSLs) and financial advice practices using the ASIC Financial Advisers Register. "With adviser numbers fluctuating by around 7000, over 25%, in the past three years, the adviser movements pipeline will enable us to provide ...

New super fund prepares for launch

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... the transition to episodic advice that is complementing traditional advice models in a dislocating market where adviser numbers are decreasing despite the need for advice growing. The company will offer a managed account platform proposition that gives ...

IOOF posts $143.5m loss for FY21

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
... executive Renato Mota said the company will not chase scale necessarily, despite recent acquisitions, to grow adviser numbers. "...We see [with] growth in number of clients we serve, the growth in the number of advisers is very important but we are not ...

Industry associations slam last resort scheme

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... only be used as a last resort and that it applies to all financial service industry participants. With financial adviser numbers now well below 20,000, the FPA fears that the proposed scheme will further reduce the population. "COVID impacts and Australia's ...

Perpetual acquires advice firm

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... this space and higher qualification requirements for advisers. "This has resulted in a significant reduction of adviser numbers, making it increasingly difficult for many Australians to access quality advice to support them through change. Perpetual's ...

Adviser numbers fall below 20k

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
The number of authorised financial advisers has officially dipped to 19,922, declining about 11% compared to this time last year. As at June 3, Rainmaker analysis of ASIC's Financial Adviser Register shows that there are currently 2144 active AFSLs. ...

Adviser numbers at five-year low

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... number of financial advisers have tapered off to levels experienced in 2016 (see Figure 1). About five years ago, adviser numbers floated above 20,000 and peaked at nearly 30,000 at the end of 2018 as the Hayne Royal Commission was finalising its verdict. ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... group says the funding model doesn't account for changing industry dynamics, is contributing to the decline in adviser numbers, and shifts a disproportionate burden to those remaining in the sector. The industry groups also say ASIC's preliminary cost ...

Australia to echo UK advice growth

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... such as the 2012 Retail Distribution Review and General Data Protection Regulation in 2018, which saw financial adviser numbers fall and firms leaving the space. However, after a two to three-year period, the industry in the UK became more efficient ...