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Showing 1 - 10 of 190 results for "Adviser numbers"

Super fund-backed AFSL adviser numbers drop: Rainmaker

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... Information reviewed a number of funds including Australian Retirement Trust, Aware Super and HESTA and found combined adviser numbers fell from 687 in March 2021 to 501 by March 2026. "This contraction contrasts sharply with the expansion in both membership ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... 9% said they intend to exit the industry. Seventy percent believe the CSLR levy will result in a reduction in adviser numbers. FAAA chief executive Sarah Abood said the findings highlight a growing disconnect between the intent of the CSLR and its real-world ...

SMSF Adviser Network shuts its doors, 85 advisers vanish from FAR

MATTHEW WAI  |  FRIDAY, 10 APR 2026
... Standard the SAN business has been deregistered but declined to comment further. SAN had seen a drastic reduction of adviser numbers over recent years, dwindling to 90 after the deadline for education requirements passed at the beginning of the year. ...

Adviser exam pass rate exceeds 70% for the first time in 12 months

MATTHEW WAI  |  TUESDAY, 7 APR 2026
... captured and considered in context," Abood said. Abood said the advice industry is struggling with a decline in adviser numbers which is not being offset by new entrants; a long training gap and legislated professional year requirements which create ...

FAAA urges inclusion of advisers on occupational shortage list

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026
... captured and considered in context," Abood said. Abood said the advice industry is struggling with a decline in adviser numbers which is not being offset by new entrants; a long training gap and legislated professional year requirements which create ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
... safeguards. "Reforming the current education framework is an important step toward addressing the sharp decline in adviser numbers and improving access to trusted financial advice," he said. "Current education standards are unnecessarily restrictive ...

Adviser gap could boost equity release products: Homesafe

MATTHEW WAI  |  MONDAY, 23 FEB 2026
... generations who cannot get access to financial advice, Homesafe Wealth says. According to Homesafe the shrinking adviser numbers are contributing to increased financial insecurity among older Australians, with them often retiring with mortgage debt. ...

Advisers need more support: FAAA submission

ANGELIQUE MINAS  |  THURSDAY, 5 FEB 2026
... red tape, while supporting consumer protections. The FAAA urged the federal government to address the drop in adviser numbers, ensuring the supply of professional financial advisers meets the increasing demand. Recognising the inflexible education requirements ...

Just 450 advisers drop off ASIC FAR after deadline hits

MATTHEW WAI  |  FRIDAY, 16 JAN 2026
... 28 to 257 during the period. Both Consultum Financial Planning and Telstra Super Financial Planning saw their adviser numbers decrease by 11, bringing their total numbers to 262 and 9, respectively. Meanwhile, compared to the start of December, the net ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
... total, financial advisers will pay $30.4 million this year - 45% of the total levy of $67.3 million. Using ASIC's adviser numbers of 15,041, that's an extra almost $700 per adviser - taking the total cost this year to over $2000 per adviser. This takes ...
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