Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 155 results for "Financial Adviser Register"

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. ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... envisions a world where financial advisers are registered to a separate body (distinguished from the ASIC Financial Adviser Register) which monitors their compliance while AFSLs maintain oversight of product. Fortnum managing director Neil Younger, Centrepoint ...

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
... look into why financial advisers are exiting the industry in droves. Rainmaker analysis of the ASIC Financial Adviser Register indicates that the register has dropped by 1488 advisers since the start of 2020. With just 53 new entrants to the industry ...

Count Financial makes growth-focused hire

ALLY SELBY  |  FRIDAY, 22 MAY 2020
... standards. It also comes as Rainmaker analysis reveals nearly 1500 advisers have dropped off the ASIC Financial Adviser Register since the beginning of the year.

916 advisers gone in three months, ASIC responds

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... COVID-19 could amplify the issue, as it is revealed almost 1000 left since the pandemic hit. The ASIC Financial Adviser Register has dropped by 1488 advisers since the start of this year, according to Rainmaker analysis. Since COVID-19 hit, in less than ...